GOI to launch round 10 of commercial coal block auction on June 21

20 Jun 2024 CW Team

The government is scheduled to initiate the 10th round of commercial coal block auctions on June 21, 2024. A total of 60 blocks will be put up for auction, with Union Minister of Coal and Mines G Kishan Reddy officiating the event launch in Hyderabad.

According to a statement from the Coal Ministry, these blocks are strategically positioned across various states and regions, aiming to boost regional economic development and foster job creation. The upcoming coal mines are situated in Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Telangana, and West Bengal. Notably, Odisha will offer 16 mines for auction, followed by Chhattisgarh and Madhya Pradesh with 15 coal mines each.

The commercial coal block auction initiative was inaugurated by the Prime Minister in 2020. Since its inception, the Ministry has successfully auctioned 107 coal blocks over nine rounds. Presently, 11 commercial coal blocks are operational across the country. (Source: AIR)

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