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

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

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)

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)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code