Govt to meet bidders in second phase of commercial coal mining auction

26 Apr 2021 CW Team

The Ministry of Coal will meet prospective bidders today for the second tranche of the commercial coal mining auction that has 67 mines up for sales, the highest number of mines on offer in a particular tranche after the commencement of the auction regime in 2014.

The centre has called for the pre-bid meeting after it had postponed the April 15 meeting. SBI Caps will give a presentation on the tender process, while Central Mine Planning and Design Institute (CMPDI) and the nominated authority will also be present there.

As many as 19 mines were auctioned in the first-ever tranche of commercial coal mining auction held last year, with the premium quoted by the successful bidders in the range of 9.5-66.75%.

The agreements between the coal ministry and the successful bidders were signed in January this year.

Of the 67 mines offered by the ministry, 23 are under Coal Mines (Special Provisions) Act and 44 under Mines and Minerals (Development and Regulation) Act.

The blocks on offer are a mix of mines with small and large reserves, coking and non-coking mines spread across six states—Andhra Pradesh, Chhattisgarh, Jharkhand, Odisha, Madhya Pradesh, and Maharashtra.

The coal ministry told the media that the government was moving towards adopting a “rolling auction” scheme.

Coal is the first mineral resource, where this mechanism is being implemented in which a pool of blocks will always remain available for auctions.

The government expects that commercial coal mining will invite new investments and boost socio-economic development in coal-bearing states, and a market-based coal economy will help the nation become “Atmanirbhar” in the availability of the resource.

Image Source

Also Read: Amendment in Mining Act: A step towards building self-reliant India

Also Read: Coal auction: 67 blocks on offer in second phase

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..