Govt successfully bids out 29 coal blocks for commercial mining

13 Mar 2023 CW Team

The 29 coal blocks successfully bid out for commercial mining by the government are expected to increase average dry fuel output by 7% over the next two years, with a combined peak rated capacity (PRC) of around 91 million tonne.

According to sources, the 91 million tonne PRC of 29 coal blocks that have been bid out represents an additional 7% of the current national average PRC of coal reserves.

According to sources, the Coal Ministry put 29 reserves up for auction for commercial mining last month, and all of them were bid out. The final of the 29 mines was successfully bid out earlier in the day, they added.

With all 29 mines expected to begin production by 2024-25, or within the next two years, the government hopes that all of these coal mines combined will increase overall national average output by 7%.

On November 3, 2022, the ministry launched an auction of coal reserves for commercial mining in the sixth round and the second attempt in the fifth round. The forward auctions for these mines began on February 27. PRC refers to a coal mine's maximum production capacity, or the maximum amount of coal that can be mined from it annually.

Commercial mining allows the private sector to mine coal commercially without placing any end-use restrictions. Private firms will have the option of either gasification of the coal or exporting it. They can also use it in their own end-use plants or sell them in the markets.

Also Read
Land acquisition delays Tambaram Eastern Bypass project
70 exploration sites identified by ONGC

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..