Coal ministry to e-auction 10 reserves for commercial mining

The Coal Ministry has launched an e-auction of 10 reserves on September 13 for commercial mining, out of which eight blocks have been put up for auction on Tuesday, while two reserves were put on offer on September 14. The technical evaluation of bids has been completed, thus clearing the way for the e-auction of 10 coal reserves for commercial mining purposes. Till now, the Coal Ministry has auctioned 43 coal mines with a peak rate capacity of 85.4 million tonnes per annum. Meanwhile, the total peak rate capacity of 10 reserves, which would be put up for auction for commercial mining on September 13, is 39.31 million tonnes per annum. Also Read Madhya Pradesh to not import coal for thermal plants Hindustan Copper plans big capacity expansion over 8 years