India Boosts Domestic Coal Production, Opens 67 Mines for Auction
COAL & MINING

India Boosts Domestic Coal Production, Opens 67 Mines for Auction

In a strategic move to bolster energy security and reduce reliance on coal imports, India has opened 67 coal mines for auction. This initiative aims to significantly increase domestic coal production, ensuring a steady and reliable supply of this vital energy resource.

The auctioning of these coal mines is part of the government's broader effort to enhance self-sufficiency in the coal sector. By tapping into the country's vast coal reserves, India seeks to meet growing energy demands and support various industries that rely on coal as a primary fuel source.

Union Coal Minister Prahlad Joshi highlighted that the opening of these mines is expected to attract substantial investments, boost local economies, and create job opportunities. The move aligns with the government's objective to stimulate economic growth while leveraging domestic resources.

The 67 mines up for auction include a mix of coking and non-coking coal blocks, catering to different industrial requirements. The transparent auction process is designed to ensure fair competition and maximize the value derived from these resources. The government is also implementing measures to expedite the operationalization of these mines, aiming to quickly ramp up production levels.

This initiative not only aims to enhance domestic coal availability but also aligns with environmental goals by promoting cleaner coal technologies and sustainable mining practices. By increasing domestic production, India aims to reduce its coal import bill, thereby conserving foreign exchange and strengthening the national economy.

Overall, the auction of these 67 coal mines marks a significant step towards achieving energy self-reliance, fostering economic development, and ensuring a sustainable supply of coal for the country's future energy needs.

In a strategic move to bolster energy security and reduce reliance on coal imports, India has opened 67 coal mines for auction. This initiative aims to significantly increase domestic coal production, ensuring a steady and reliable supply of this vital energy resource. The auctioning of these coal mines is part of the government's broader effort to enhance self-sufficiency in the coal sector. By tapping into the country's vast coal reserves, India seeks to meet growing energy demands and support various industries that rely on coal as a primary fuel source. Union Coal Minister Prahlad Joshi highlighted that the opening of these mines is expected to attract substantial investments, boost local economies, and create job opportunities. The move aligns with the government's objective to stimulate economic growth while leveraging domestic resources. The 67 mines up for auction include a mix of coking and non-coking coal blocks, catering to different industrial requirements. The transparent auction process is designed to ensure fair competition and maximize the value derived from these resources. The government is also implementing measures to expedite the operationalization of these mines, aiming to quickly ramp up production levels. This initiative not only aims to enhance domestic coal availability but also aligns with environmental goals by promoting cleaner coal technologies and sustainable mining practices. By increasing domestic production, India aims to reduce its coal import bill, thereby conserving foreign exchange and strengthening the national economy. Overall, the auction of these 67 coal mines marks a significant step towards achieving energy self-reliance, fostering economic development, and ensuring a sustainable supply of coal for the country's future energy needs.

Next Story
Infrastructure Transport

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Next Story
Resources

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Next Story
Real Estate

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?