India Opens Bids for 12th Round of Coal Block Auctions
COAL & MINING

India Opens Bids for 12th Round of Coal Block Auctions

India’s Ministry of Coal has kicked off its twelfth commercial coal block auction, inviting bids from private and public players as part of the government’s ongoing drive to open up the coal mining sector. In this round, a total of 27 companies have submitted bids, reflecting strong investor interest in the country’s energy and mining industries.

This initiative aligns with recent reforms aimed at encouraging private participation, reducing red tape, and promoting transparency through a single-window system and digitised processes. Coal remains a critical component of India’s energy mix, and these auctions aim to boost domestic production while enhancing energy security and cutting reliance on imports.

The current round follows the successful allocation of the 200th coal block, signalling a strategic milestone in liberalising coal mining. The ministry expects the new auction to support substantial investment, job creation, and faster project implementation.

Companies taking part are anticipated to deploy capital towards exploration, mining infrastructure, and extraction processes once the auction concludes and leases are awarded. This wave of investment is expected to strengthen the mining sector’s contribution to India’s economy and support long-term sustainability goals.

With a clearer regulatory landscape and accelerated permission processes, the coal auctions are positioned to attract both domestic firms and international investors. Successful bidders will gain access to valuable coal reserves and play a key role in shaping India’s energy future.


India’s Ministry of Coal has kicked off its twelfth commercial coal block auction, inviting bids from private and public players as part of the government’s ongoing drive to open up the coal mining sector. In this round, a total of 27 companies have submitted bids, reflecting strong investor interest in the country’s energy and mining industries.This initiative aligns with recent reforms aimed at encouraging private participation, reducing red tape, and promoting transparency through a single-window system and digitised processes. Coal remains a critical component of India’s energy mix, and these auctions aim to boost domestic production while enhancing energy security and cutting reliance on imports.The current round follows the successful allocation of the 200th coal block, signalling a strategic milestone in liberalising coal mining. The ministry expects the new auction to support substantial investment, job creation, and faster project implementation.Companies taking part are anticipated to deploy capital towards exploration, mining infrastructure, and extraction processes once the auction concludes and leases are awarded. This wave of investment is expected to strengthen the mining sector’s contribution to India’s economy and support long-term sustainability goals.With a clearer regulatory landscape and accelerated permission processes, the coal auctions are positioned to attract both domestic firms and international investors. Successful bidders will gain access to valuable coal reserves and play a key role in shaping India’s energy future.

Next Story
Real Estate

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Next Story
Building Material

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Next Story
Infrastructure Urban

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement