Coal Ministry Opens Bids for 14th Round of Commercial Coal Blocks
COAL & MINING

Coal Ministry Opens Bids for 14th Round of Commercial Coal Blocks

The Ministry of Coal opened the bids for the 14th round of the commercial coal blocks auction, recording encouraging participation from industry stakeholders and reflecting sustained interest in India’s commercial coal mining framework.

According to the Ministry, bids were received for 24 coal blocks out of the 41 blocks offered in this round. In total, 49 bids were submitted for these 24 blocks, underscoring continued industry appetite for private sector participation in coal mining.

The bid opening process was conducted in a transparent manner. Online bids were decrypted and opened electronically in the presence of the bidders, while sealed envelopes containing offline bid documents were also opened with bidders in attendance. The entire procedure was displayed live on screens for participants, the Ministry said, to ensure complete transparency and adherence to established norms.

A total of 11 companies took part in the auction process, including five new entrants that are bidding for the first time under the commercial coal mining regime. The participation of new players is seen as a positive indicator of the sector’s growing attractiveness following policy reforms aimed at enhancing competition, efficiency and domestic coal production.

The commercial coal mining programme was introduced to reduce India’s dependence on coal imports, boost domestic production and encourage private investment in the sector. Successive auction rounds have seen rising participation from both established players and new entrants, contributing to greater diversification of ownership and improved market dynamics.

The Ministry of Coal stated that further evaluation of the bids will be carried out in line with the auction guidelines, following which technically qualified bidders will move to the next stage of the auction process. The outcome of the 14th round is expected to play a key role in strengthening domestic coal availability and supporting the country’s energy security objectives.

News source: Akashvani News

The Ministry of Coal opened the bids for the 14th round of the commercial coal blocks auction, recording encouraging participation from industry stakeholders and reflecting sustained interest in India’s commercial coal mining framework.According to the Ministry, bids were received for 24 coal blocks out of the 41 blocks offered in this round. In total, 49 bids were submitted for these 24 blocks, underscoring continued industry appetite for private sector participation in coal mining.The bid opening process was conducted in a transparent manner. Online bids were decrypted and opened electronically in the presence of the bidders, while sealed envelopes containing offline bid documents were also opened with bidders in attendance. The entire procedure was displayed live on screens for participants, the Ministry said, to ensure complete transparency and adherence to established norms.A total of 11 companies took part in the auction process, including five new entrants that are bidding for the first time under the commercial coal mining regime. The participation of new players is seen as a positive indicator of the sector’s growing attractiveness following policy reforms aimed at enhancing competition, efficiency and domestic coal production.The commercial coal mining programme was introduced to reduce India’s dependence on coal imports, boost domestic production and encourage private investment in the sector. Successive auction rounds have seen rising participation from both established players and new entrants, contributing to greater diversification of ownership and improved market dynamics.The Ministry of Coal stated that further evaluation of the bids will be carried out in line with the auction guidelines, following which technically qualified bidders will move to the next stage of the auction process. The outcome of the 14th round is expected to play a key role in strengthening domestic coal availability and supporting the country’s energy security objectives.News source: Akashvani News

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Dreamfly Innovations Wins Nasscom Emerge 50 Recognition

Dreamfly Innovations, a next-generation drone battery solutions provider, has been recognised as a Nasscom Emerge 50 winner in the Climate Tech and Sustainability category.The recognition highlights the company’s work in developing advanced battery technologies aimed at enabling safer, cleaner and more efficient drone and aviation operations.The Nasscom Emerge 50 programme recognises technology startups developing innovative solutions to real-world challenges through research and engineering. The recognition also reflects the growing role of deep-tech startups in India’s innovation ecosyst..

Next Story
Infrastructure Urban

Capacit'e Infraprojects Q1 Revenue Rises 7% to Rs 6.29 Billion

Capacit'e Infraprojects reported a 7% year-on-year increase in consolidated revenue from operations to Rs 6.29 billion in Q1 FY27, compared with Rs 5.89 billion in Q1 FY26.The company said revenue growth during the quarter was affected by a shortage of workmen during the first half of the period.EBITDA stood at Rs 0.99 billion, down 3% from Rs 1.02 billion in Q1 FY26, while EBITDA margin moderated to 15.7% from 17.2%. EBIT declined 8% to Rs 0.80 billion, with an EBIT margin of 12.5%.Profit after tax stood at Rs 0.40 billion compared with Rs 0.47 billion in the corresponding quarter of the prev..

Next Story
Infrastructure Urban

GHR Infra Launches Freedom Offer at GHR Callisto

GHR Infra has launched the ‘Freedom Offer’ at GHR Callisto, its IGBC Green Homes Pre-certified Gold-rated residential project in Kollur, Hyderabad.The offer applies to select 2 and 2.5 BHK homes starting at Rs 83 lakh. Buyers will receive a complimentary IKEA modular kitchen along with a choice between EV parking provision and two years of common area maintenance.Eligible homes can also be booked with a 10% down payment, aimed at reducing some of the immediate expenses associated with purchasing and setting up a new home.Spread across 8.3 acres with nearly 70% open space, GHR Callisto comp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement