42 coal blocks auctioned till date for commercial use: Centre
COAL & MINING

42 coal blocks auctioned till date for commercial use: Centre

A total of 42 coal mines had been auctioned for commercial mining till date, according to the administration.

According to a statement from the coal ministry, ten coal mines were auctioned this week under the third tranche of the said blocks.

A total of 42 coal mines, including mines auctioned in third tranche, have been successfully auctioned under the commercial coal mining auction procedure, with a total cumulative peak rate capacity (PRC) of 86.404 million tonnes per annum (mtpa), according to the announcement.

The ministry estimates that the 10 blocks sold this week will produce Rs 2,858.20 crore in yearly revenue.The ministry informed that the year income was predicted based on the mine's peak rate capacity.

Five blocks were sold on the first day of the auction.The top bidder for two coal blocks in Jharkhand was Dalmia Cement Bharat Ltd.

The Ministry of Coal informed in a statement on Tuesday that Mahanadi Mines and Minerals was the highest bidder for a coal block in Odisha, while Yazdani Steel And Power was the highest bidder for another coal mine in the eastern state.

The top bidder for a mining site in Assam was Assam Mineral Development Corp Ltd.

Jindal Steel and Power won the Utkal-C coal mine in Odisha on the second and third days of the auction, while Hindalco Industries won the Meenakshi mine in the eastern state.

The highest bidder for the Majra mine in Maharashtra was BS Ispat Ltd, while the Assam Mineral Development Corporation won the Garampani coal block in Assam.

Namchik Namphuk mine in Arunachal Pradesh was acquired by Platinum Alloys Pvt Ltd.

Image Source

Also read: Dalmia Cement becomes highest bidder for Jharkhand's 2 coal blocks

A total of 42 coal mines had been auctioned for commercial mining till date, according to the administration. According to a statement from the coal ministry, ten coal mines were auctioned this week under the third tranche of the said blocks. A total of 42 coal mines, including mines auctioned in third tranche, have been successfully auctioned under the commercial coal mining auction procedure, with a total cumulative peak rate capacity (PRC) of 86.404 million tonnes per annum (mtpa), according to the announcement. The ministry estimates that the 10 blocks sold this week will produce Rs 2,858.20 crore in yearly revenue.The ministry informed that the year income was predicted based on the mine's peak rate capacity. Five blocks were sold on the first day of the auction.The top bidder for two coal blocks in Jharkhand was Dalmia Cement Bharat Ltd. The Ministry of Coal informed in a statement on Tuesday that Mahanadi Mines and Minerals was the highest bidder for a coal block in Odisha, while Yazdani Steel And Power was the highest bidder for another coal mine in the eastern state. The top bidder for a mining site in Assam was Assam Mineral Development Corp Ltd. Jindal Steel and Power won the Utkal-C coal mine in Odisha on the second and third days of the auction, while Hindalco Industries won the Meenakshi mine in the eastern state. The highest bidder for the Majra mine in Maharashtra was BS Ispat Ltd, while the Assam Mineral Development Corporation won the Garampani coal block in Assam. Namchik Namphuk mine in Arunachal Pradesh was acquired by Platinum Alloys Pvt Ltd. Image Source Also read: Dalmia Cement becomes highest bidder for Jharkhand's 2 coal blocks

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code