Coal Ministry inks agreements with successful bidders

27 Nov 2024 CW Team

Ministry of Coal had executed agreements for three coal blocks with successful bidders on 22 November 2024. This event marked a significant milestone, bringing the total number of coal blocks successfully auctioned to 104 since the launch of commercial coal mining in India by Prime Minister Shri Narendra Modi. It was stated that all three coal blocks were fully explored.

During the event, Secretary of the Ministry of Coal, Shri Vikram Dev Dutt, along with Additional Secretary and Nominated Authority Ms Rupinder Brar, handed over the agreements to the successful bidders. Both officials reportedly assured the bidders of the Ministry's full support and cooperation to ensure the smooth operationalisation of the blocks. Shri Dutt reaffirmed the Ministry's commitment to facilitating the successful implementation of coal mining projects, which are anticipated to contribute significantly to India’s energy security and economic growth.

The coal blocks for which the Production and Development Agreements had been executed were identified as the Meenakshi block and the Rampia & Dip Side of Rampia blocks. The successful bidders were reported to include Hindalco Industries Limited and Jhar Mineral Resources Private Limited, respectively.

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