10 Firms Secure Coal Blocks in 11th Commercial Auction
COAL & MINING

10 Firms Secure Coal Blocks in 11th Commercial Auction

Ten companies, including Western Coalfields (WCL) and Jindal Steel and Power (JSPL), have secured coal blocks in the 11th round of commercial mine auctions conducted by the Coal Ministry.

A total of 12 mines were successfully auctioned on December 5, 2024, out of the 27 blocks offered. The winning bidders include Jharkhand Exploration and Mining Corporation, Rungta Sons, Jindal Power, New Era Cleantech Solution, and Innovative Mines and Minerals.

Key Auction Highlights Geological reserves: 5,759.23 million tonnes

Peak Rated Capacity: 15.46 million tonnes per annum (excluding partially explored mines)

Average revenue share: 36.27%

Economic Impact The newly auctioned mines are expected to generate ?3,330 crore in annual revenue and attract a capital investment of ?2,319 crore. They are also projected to create 20,902 jobs, boosting economic activity in coal-rich regions.

Since the launch of commercial coal mining in 2020, 125 mines have been auctioned, with a combined production capacity of 273.06 mtpa. Once fully operational, these mines will generate ?38,767 crore in annual revenue, attract ?40,960 crore in investments, and create 4.69 lakh jobs.

Coal Production Growth India’s commercial coal production has surged, with FY25 production reaching 22.35 mt, marking a 78.14% growth over FY24’s 12.55 mt. This expansion is set to enhance domestic coal output and strengthen India’s energy security.

Ten companies, including Western Coalfields (WCL) and Jindal Steel and Power (JSPL), have secured coal blocks in the 11th round of commercial mine auctions conducted by the Coal Ministry. A total of 12 mines were successfully auctioned on December 5, 2024, out of the 27 blocks offered. The winning bidders include Jharkhand Exploration and Mining Corporation, Rungta Sons, Jindal Power, New Era Cleantech Solution, and Innovative Mines and Minerals. Key Auction Highlights Geological reserves: 5,759.23 million tonnes Peak Rated Capacity: 15.46 million tonnes per annum (excluding partially explored mines) Average revenue share: 36.27% Economic Impact The newly auctioned mines are expected to generate ?3,330 crore in annual revenue and attract a capital investment of ?2,319 crore. They are also projected to create 20,902 jobs, boosting economic activity in coal-rich regions. Since the launch of commercial coal mining in 2020, 125 mines have been auctioned, with a combined production capacity of 273.06 mtpa. Once fully operational, these mines will generate ?38,767 crore in annual revenue, attract ?40,960 crore in investments, and create 4.69 lakh jobs. Coal Production Growth India’s commercial coal production has surged, with FY25 production reaching 22.35 mt, marking a 78.14% growth over FY24’s 12.55 mt. This expansion is set to enhance domestic coal output and strengthen India’s energy security.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?