DVC, Others Win 7 Blocks in India’s 12th Coal Auction

05 Aug 2025 CW Team

State-owned Damodar Valley Corporation (DVC) and five other entities have secured seven coal blocks in the 12th round of commercial coal auctions, according to the Ministry of Coal. The auctions were held between 28 and 31 July 2025 following the launch of the bidding round on 27 March 2025.

The auctioned blocks include three fully explored and four partially explored coal reserves, collectively holding an estimated geological reserve of approximately 1.76 billion tonnes. The combined Peak Rated Capacity (PRC) of the fully explored blocks stands at 5.25 million tonnes per annum (mtpa).

The auctions drew strong interest from industry players, with an average revenue share of 26.70 per cent, reflecting sustained confidence in the coal sector and the government's transparent policy approach.

The awarded blocks are projected to generate annual revenues of around Rs 7.2 billion (excluding partially explored blocks), attract capital investments of approximately Rs 7.88 billion, and create over 7,000 jobs.

Since the start of commercial coal mining in 2020, India has successfully auctioned 131 coal blocks with a combined production capacity of 277.31 mtpa. Upon becoming operational, the newly auctioned blocks are expected to significantly enhance domestic coal production and contribute to India’s goal of becoming self-reliant in the coal sector.

Altogether, these mining initiatives are estimated to generate thousands of crores in annual revenue and create employment for over 374,000 people across coal-bearing regions. The Ministry of Coal stated that these strategic efforts not only meet the nation’s energy requirements but also drive economic development and support the vision of an ‘Atmanirbhar Bharat’.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..