Coal Ministry Auctions Three Blocks With 3.3 Billion-Tonne Reserves

02 Dec 2025 CW Team

The Ministry of Coal has auctioned three fully explored coal blocks in the 13th round of commercial coal mine auctions held between 20 and 25 November, securing projects with combined geological reserves of 3,306.58 million tonnes.

These blocks carry a cumulative peak rated capacity (PRC) of 49 million tonnes per annum, the maximum output permitted for the mines. The ministry said the three auctioned blocks are expected to generate around Rs 4.62 billion in annual revenue, attract Rs 7.35 billion in investment and create 66,248 jobs.

The auctioned non-coking coal blocks include Pirpainti Barahat and Dhulia in Jharkhand and Mandakini-B in Odisha. Damodar Valley Corporation (DVC), a public sector enterprise under the power ministry, emerged as the preferred bidder for all three mines.

Launched on 21 August, the 13th commercial coal auction concluded with DVC placing a final revenue-share offer of 5.50 per cent for the Pirpainti Barahat and Dhulia blocks, and 12.75 per cent for Mandakini-B. The Takua block in Odisha received no bids during the final-offer stage.

Since the introduction of commercial coal mining in 2020, the government has auctioned 136 coal blocks, representing a potential production capacity of 325 million tonnes per annum. Together, these blocks are expected to generate Rs 43.33 billion in annual revenue and mobilise Rs 48.756 billion in investment. The ministry said these outcomes reflect efforts to position the coal sector as a key driver of economic growth.

Real Estate

24 Dec 2025

Modon, Related, Panepinto form JV for Harborside 4 in Jersey City

Abu Dhabi-based Modon Holding PSC has formed a joint venture with US real estate major Related Companies and Jersey City-based Panepinto Properties to develop Harborside 4, a 54-storey luxury residential tower on a prime waterfront site in downtown Jersey City, New Jersey.Under the partnership, Modon will hold a majority equity stake alongside Related and Panepinto, marking another step in the group’s strategy to scale and diversify its global real estate portfolio. The project will be developed on one of the last remaining premium waterfront parcels in the city.Designed by Handel Architects..

P+Ex and Post-Tensioning Institute partner to drive sustainability

P+Ex, the Center of Excellence for Concrete Preservation and Service Life Extension, has announced a strategic partnership with the Post-Tensioning Institute (PTI) aimed at advancing sustainability, durability, and resilience in the built environment.The collaboration brings together P+Ex’s expertise in concrete preservation, repair, and service life extension with PTI’s global leadership in post-tensioning technology. Through this alliance, the two organisations will work to advance best practices in durability-focused design for new structures, while also promoting effective repair, reha..

India’s Largest 2,000 MW Subansiri Hydro Project Turns Operational

India’s largest hydropower project, the 2,000 MW Subansiri Lower Hydroelectric Project, has finally become operational with the commissioning of its first unit, marking a major milestone after nearly 20 years of development marked by delays, protests and cost escalation.The 250 MW Unit-2 of the project, located on the Subansiri River at Gerukamukh on the Assam–Arunachal Pradesh border, was virtually inaugurated from New Delhi by Union Minister of Power Manohar Lal Khattar. The event was attended by Pankaj Agarwal, Secretary (Power), and Bhupender Gupta, Chairman and Managing Director, Nati..