Bids for commercial auction of coal blocks can be submitted till January 13
COAL & MINING

Bids for commercial auction of coal blocks can be submitted till January 13

The bids for the commercial auction of coal blocks can be submitted by Friday, January 13, the Union Ministry of Coal said. The ministry launched the sixth tranche and the second attempt of the previous commercial coal mines auction for 141 coal mines on November 3, 2022.

"In accordance with the timelines, bidders can submit their bids online on the electronic platform by 12:00 hours up to January 13, 2023 and physically by 16:00 hours on the same day. The bids shall be opened on Monday, January 16, 2023 at 10:00 hours in the presence of representatives of the bidders," the ministry said in a release.

The coal mines in the current tranche were chosen with the investment community's various demands in mind; some of the coal mines have been resized based on industry comments to improve their attractiveness.

The Ministry of Coal has paved the way for more coal to be released into the market by increasing the utilisation of mining capacities of captive coal blocks, which has resulted in an increase in coal production by captive and other companies of 31.38 percent to 81.70 million tonnes so far in 2022-23, compared to 62.19 million tonnes produced during the same period last year.

With an objective to enhance the coal production capacity, it has put 141 new coal blocks for commercial auction and has been engaging regularly with various coal companies in the country and monitoring their production.

Also Read
NHAI project in Bihar awarded to Ashoka Buildcon
Karnataka urges Gadkari to clear road project worth Rs 100 million

The bids for the commercial auction of coal blocks can be submitted by Friday, January 13, the Union Ministry of Coal said. The ministry launched the sixth tranche and the second attempt of the previous commercial coal mines auction for 141 coal mines on November 3, 2022. In accordance with the timelines, bidders can submit their bids online on the electronic platform by 12:00 hours up to January 13, 2023 and physically by 16:00 hours on the same day. The bids shall be opened on Monday, January 16, 2023 at 10:00 hours in the presence of representatives of the bidders, the ministry said in a release. The coal mines in the current tranche were chosen with the investment community's various demands in mind; some of the coal mines have been resized based on industry comments to improve their attractiveness. The Ministry of Coal has paved the way for more coal to be released into the market by increasing the utilisation of mining capacities of captive coal blocks, which has resulted in an increase in coal production by captive and other companies of 31.38 percent to 81.70 million tonnes so far in 2022-23, compared to 62.19 million tonnes produced during the same period last year. With an objective to enhance the coal production capacity, it has put 141 new coal blocks for commercial auction and has been engaging regularly with various coal companies in the country and monitoring their production. Also Read NHAI project in Bihar awarded to Ashoka Buildcon Karnataka urges Gadkari to clear road project worth Rs 100 million

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?