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Coal Ministry launches 12th tranche of commercial coal mine auctions

The Ministry of Coal has launched the 12th tranche of commercial coal mine auctions, offering 28 coal and lignite blocks for bidding.  The auction includes 25 coal mines under the Coal Mines (Special Provisions) Act, 2015 (CMSP) and 18 under the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR), along with two lignite mines. Thirteen are fully explored and ready for development, while 12 offer long-term investment opportunities. Mines are located across Jharkhand, Chhattisgarh,…

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Ministry of Coal launches 11th round of commercial coal mine auctions

The Ministry of Coal has launched the 11th round of commercial coal mine auctions, offering 27 coal blocks across Jharkhand, Odisha, Chhattisgarh, Maharashtra, Madhya Pradesh, and Arunachal Pradesh, including one coking coal mine.  The blocks offered include both fully and partially explored mines.  Additionally, agreements with successful bidders from the 10th round have been finalised, with the operationalisation of these mines expected to generate annual revenue of Rs 1.45 billion.

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Ministry of Coal initiates 10th round of commercial coal mine auctions

The Ministry of Coal has commenced the 10th round of commercial coal mine auctions, offering five mines on the first day with combined geological reserves of 2,630.77 million tonnes and a peak-rated capacity of 12 million tonnes per annum. The fully explored New Patrapara South mine in Odisha was awarded to NLC India Limited. Partially explored mines in Madhya Pradesh, Jharkhand, and Odisha were allocated to Mineware Advisors, ACC Limited, Shreeji Nuravi, and JSW Energy…