Coal Ministry to Offer More Incentives for Underground Mine Auctions
COAL & MINING

Coal Ministry to Offer More Incentives for Underground Mine Auctions

The Coal Ministry is planning additional incentives to encourage underground (UG) coal mining in India, aligning with the country’s push for sustainable coal production, a senior government official said. 
The ministry is addressing industry concerns, including requests for reclassification due to the challenges associated with UG mining. Of the 113 commercial mines successfully auctioned, 37 are underground. Officials also confirmed ongoing discussions with the Ministry of Environment, Forest, and Climate Change to secure environmental concessions. 
With the next 2-3 years being critical for ramping up production, the ministry aims to accelerate output from auctioned commercial mines. Currently, these mines produce 20 million tonnes annually, contributing to a total of 157 million tonnes when combined with captive production. By the end of the fiscal year, this figure is expected to reach 170 million tonnes, with a projected increase to 210 million tonnes in 2025-26. 
At present, 14 commercial mines are operational, with more set to commence production soon. In the 11th round of auctions, 27 mines were offered, attracting 72 bids for 17 mines. Technical evaluations are ongoing, and allotments are expected within a month. 
Coal India Chairman P.M. Prasad stated that the company currently feels no impact from commercial mining production. 
(moneycontrol) 
                    

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Coal Ministry is planning additional incentives to encourage underground (UG) coal mining in India, aligning with the country’s push for sustainable coal production, a senior government official said. The ministry is addressing industry concerns, including requests for reclassification due to the challenges associated with UG mining. Of the 113 commercial mines successfully auctioned, 37 are underground. Officials also confirmed ongoing discussions with the Ministry of Environment, Forest, and Climate Change to secure environmental concessions. With the next 2-3 years being critical for ramping up production, the ministry aims to accelerate output from auctioned commercial mines. Currently, these mines produce 20 million tonnes annually, contributing to a total of 157 million tonnes when combined with captive production. By the end of the fiscal year, this figure is expected to reach 170 million tonnes, with a projected increase to 210 million tonnes in 2025-26. At present, 14 commercial mines are operational, with more set to commence production soon. In the 11th round of auctions, 27 mines were offered, attracting 72 bids for 17 mines. Technical evaluations are ongoing, and allotments are expected within a month. Coal India Chairman P.M. Prasad stated that the company currently feels no impact from commercial mining production. (moneycontrol)                     

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?