Dalmia Cement bags coal mine in Madhya Pradesh
COAL & MINING

Dalmia Cement bags coal mine in Madhya Pradesh

At the most recent round of commercial coal mine auctions, which was held on Monday, Dalmia Cement (Bharat) Ltd. won a block in Madhya Pradesh on the first day. Shree Cement placed the highest bid for a coal mine in Chhattisgarh out of the ten mines that were put up for auction on the first day.

Samlok Industries Pt Ltd submitted the best bid for a mine in Maharashtra, while Rungta Sons Pvt Ltd won the auction for an Odisha coal mine.

RCR Steel Works Pvt Ltd and MH Natural Resources Pt Ltd respectively placed the top bids for a mine in Jharkhand and a coal block in Maharashtra, respectively. In Chhattisgarh, CG Natural Resources Private Ltd secured a coal block. In Jharkhand, a coal block went up for auction.

According to a statement from the coal ministry, on November 3, 2022, the government began the sixth round of commercial coal mine auctions and the second attempt of the fifth round.

10 coal mines were put up for auction on the first day of the e-auction, according to the announcement, which stated that forward auctions for these mines had begun on February 27, 2023.

Four coal mines have limited exploration, while six coal mines have full exploration in their respective blocks.

These ten coal mines have 1,866 million tonnes of geological reserves altogether. These coal mines have a total peak rated capacity of 7.9 million tonnes per year (MTPA) (excluding partially explored coal mines).

When these coal mines are operating, they will produce a predicted $9.90 billion in yearly revenue. 10,681 people will have jobs thanks to these mines, which will bring in $11.850 billion in capital investment.

At the most recent round of commercial coal mine auctions, which was held on Monday, Dalmia Cement (Bharat) Ltd. won a block in Madhya Pradesh on the first day. Shree Cement placed the highest bid for a coal mine in Chhattisgarh out of the ten mines that were put up for auction on the first day. Samlok Industries Pt Ltd submitted the best bid for a mine in Maharashtra, while Rungta Sons Pvt Ltd won the auction for an Odisha coal mine. RCR Steel Works Pvt Ltd and MH Natural Resources Pt Ltd respectively placed the top bids for a mine in Jharkhand and a coal block in Maharashtra, respectively. In Chhattisgarh, CG Natural Resources Private Ltd secured a coal block. In Jharkhand, a coal block went up for auction. According to a statement from the coal ministry, on November 3, 2022, the government began the sixth round of commercial coal mine auctions and the second attempt of the fifth round. 10 coal mines were put up for auction on the first day of the e-auction, according to the announcement, which stated that forward auctions for these mines had begun on February 27, 2023. Four coal mines have limited exploration, while six coal mines have full exploration in their respective blocks. These ten coal mines have 1,866 million tonnes of geological reserves altogether. These coal mines have a total peak rated capacity of 7.9 million tonnes per year (MTPA) (excluding partially explored coal mines). When these coal mines are operating, they will produce a predicted $9.90 billion in yearly revenue. 10,681 people will have jobs thanks to these mines, which will bring in $11.850 billion in capital investment.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement