87 coal mines auctioned in 3 years

30 Mar 2023 CW Team

In three years, the government has put up for auction 87 coal mines that, once they are operating, will bring in an estimated 332,000 million in revenue and create jobs, according to a statement released on Tuesday. According to the Coal Ministry, Prime Minister Narendra Modi initiated the first-ever round of commercial coal mine auctions in June 2020 with a vision of Aatmanirbhar Bharat.

The government changed the mineral laws to open the coal industry, give public and private sector players a level playing field, and allow the auction of coal mines without any restrictions on end use. According to the government, coal from these mines can be used for own consumption, sale, or for any other purpose.

The seventh round of business auctions will begin on Wednesday when the ministry lists 106 coal mines.

Also, it will be signing the contracts for the 28 coal mines that will be up for auction in the sixth round of auctions.

Infrastructure Transport

07 Apr 2026

Tunnelling Begins for Thane–Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..