India Auctions 12 Coal Mines in 11th Round of Commercial Mining
COAL & MINING

India Auctions 12 Coal Mines in 11th Round of Commercial Mining

The Ministry of Coal successfully auctioned 12 coal mines in the 11th round of commercial coal mine auctions, held since the launch on December 5, 2024. This marks another milestone in India’s efforts to achieve self-reliance in the coal sector.

The auctioned mines include eight fully explored and four partially explored mines, with a combined geological reserve of approximately 5,759.23 million tonnes. The cumulative Peak Rated Capacity (PRC) of the fully explored mines stands at 15.46 Million Tonnes Per Annum (MTPA). The auctions saw intense competition, achieving an average revenue share of 36.27%, reflecting strong industry interest and the Ministry’s commitment to transparency and policy stability.

Results:
  • Jharkhand Exploration and Mining Corporation Limited won Jawardaha North in Jharkhand (510 MT).
  • Jindal Steel and Power Limited secured Saradhapur Jalatap East in Odisha (3,257.89 MT).
  • Jindal Power Limited won Banai & Bhalumunda in Chhattisgarh (1,376.08 MT).
  • Rungta Sons Private Limited acquired Seregarha in Jharkhand (187.29 MT) and Vijay Central in Chhattisgarh (56.75 MT).
  • New Era Cleantech Solution Private Limited secured Bhandak West in Maharashtra (36.18 MT).
  • Innovative Mines and Minerals Limited won Namchik East in Arunachal Pradesh with the highest bid of 90.25% revenue share.

The newly auctioned mines are projected to generate an annual revenue of Rs 33.3 billion (excluding partially explored mines) and attract Rs 23.19 billion in capital investment. They are also expected to create 20,902 jobs, boosting economic development in coal-rich regions.

Since the launch of commercial coal mining in 2020, the Ministry has auctioned 125 coal mines with a combined production capacity of 273.06 MTPA. Once operational, these mines are expected to generate Rs 387.67 billion in annual revenue, attract Rs 409.6 billion in investments, and create 469,000 jobs.

Coal production from commercial mines has shown remarkable growth. In FY 2023-24, production stood at 12.55 MT, which increased to 22.35 MT in FY 2024-25 (till date), registering a 78.14% growth.

The Ministry of Coal remains committed to transforming the sector into a key driver of economic growth, strengthening India’s energy security, and advancing the vision of Atmanirbhar Bharat by ensuring a sustainable and robust domestic coal supply.

(PIB)

The Ministry of Coal successfully auctioned 12 coal mines in the 11th round of commercial coal mine auctions, held since the launch on December 5, 2024. This marks another milestone in India’s efforts to achieve self-reliance in the coal sector.The auctioned mines include eight fully explored and four partially explored mines, with a combined geological reserve of approximately 5,759.23 million tonnes. The cumulative Peak Rated Capacity (PRC) of the fully explored mines stands at 15.46 Million Tonnes Per Annum (MTPA). The auctions saw intense competition, achieving an average revenue share of 36.27%, reflecting strong industry interest and the Ministry’s commitment to transparency and policy stability.Results:Jharkhand Exploration and Mining Corporation Limited won Jawardaha North in Jharkhand (510 MT).Jindal Steel and Power Limited secured Saradhapur Jalatap East in Odisha (3,257.89 MT).Jindal Power Limited won Banai & Bhalumunda in Chhattisgarh (1,376.08 MT).Rungta Sons Private Limited acquired Seregarha in Jharkhand (187.29 MT) and Vijay Central in Chhattisgarh (56.75 MT).New Era Cleantech Solution Private Limited secured Bhandak West in Maharashtra (36.18 MT).Innovative Mines and Minerals Limited won Namchik East in Arunachal Pradesh with the highest bid of 90.25% revenue share.The newly auctioned mines are projected to generate an annual revenue of Rs 33.3 billion (excluding partially explored mines) and attract Rs 23.19 billion in capital investment. They are also expected to create 20,902 jobs, boosting economic development in coal-rich regions.Since the launch of commercial coal mining in 2020, the Ministry has auctioned 125 coal mines with a combined production capacity of 273.06 MTPA. Once operational, these mines are expected to generate Rs 387.67 billion in annual revenue, attract Rs 409.6 billion in investments, and create 469,000 jobs.Coal production from commercial mines has shown remarkable growth. In FY 2023-24, production stood at 12.55 MT, which increased to 22.35 MT in FY 2024-25 (till date), registering a 78.14% growth.The Ministry of Coal remains committed to transforming the sector into a key driver of economic growth, strengthening India’s energy security, and advancing the vision of Atmanirbhar Bharat by ensuring a sustainable and robust domestic coal supply.(PIB)

Next Story
Infrastructure Urban

NACDAC PAT Rises 39%, Net Worth Doubles in FY25

NACDAC Infrastructure Limited has posted robust financial results for the fiscal year ended March 2025, with profit after tax (PAT) rising by 38.97 per cent year-on-year and net worth more than doubling. The company also reported a 33.84 per cent increase in revenue from operations, supported by operational efficiency, strategic project execution, and expansion across sectors and regions.In FY25, NACDAC recorded:Revenue from operations of Rs 485.8 million (up from Rs 362.97 million in FY24)EBITDA of Rs 67.6 million (up 31.93 per cent YoY)PAT of Rs 41.4 million (up from Rs 29.8 million in FY24)..

Next Story
Infrastructure Urban

Tata Communications Boosts Asia Connectivity With New Subsea Cable

Tata Communications, a global leader in communications technology, has announced the integration of the TGN-IA2 submarine cable system into its existing network. Developed by the Asia Direct Cable (ADC) consortium, the new cable represents a major advancement in network capacity, speed, and reliability for businesses across Asia and beyond.The TGN-IA2 cable is designed to deliver seamless connectivity, scalable bandwidth, and high-capacity data transfer across multiple routes. It will benefit enterprises, hyperscalers, and service providers by offering diverse and resilient connectivity throug..

Next Story
Infrastructure Urban

L&T Wins Water Projects in Rajasthan Worth Over Rs 1 Billion

Larsen & Toubro’s Water & Effluent Treatment (WET) business has secured major engineering, procurement and construction (EPC) orders from the Public Health Engineering Department of Rajasthan, aimed at improving water access and infrastructure across rural areas of the state.The largest order is for the Rajasthan Rural Water Supply and Fluorosis Mitigation Project – Phase II, Package-1, which includes the supply and installation of 5,251 km of transmission and distribution pipelines, construction of 38 ground-level reservoirs with a combined capacity of 40 million litres (ML), 20 p..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?