Reliance, Axis Energy Lead Coal Gasification Block Bids
COAL & MINING

Reliance, Axis Energy Lead Coal Gasification Block Bids

Reliance Industries and Axis Energy Ventures India Private Limited have emerged as leading bidders in the central government’s latest round of coal block auctions, aimed at accelerating domestic coal gasification and promoting cleaner energy production.

According to bid participation details released after the opening of technical bids, Reliance Industries and Axis Energy jointly participated in bids for a significant number of coal blocks spread across multiple states. The two companies were common bidders for blocks in Odisha, Chhattisgarh and Andhra Pradesh, including Badibahal-Kendudihi, Chhatabar Combined, Ustali, Recherla and Chintalpudi Sector A1, highlighting their strategic focus on securing long-term coal feedstock.

In several other cases, Reliance Industries and Axis Energy were part of consortium bids alongside other mining and logistics companies, underlining their intent to support large-scale coal gasification and downstream industrial applications.

The Ministry of Coal had offered 41 coal blocks for auction as part of its policy push to promote coal gasification, cut import dependence and support India’s transition towards cleaner and more efficient use of coal resources. Technical bids were opened only for blocks that attracted participation from at least two bidders, with Reliance Industries and Axis Energy featuring prominently among the qualified contenders.

Industry observers said the strong presence of the two companies reflects rising private sector confidence in India’s coal gasification policy framework and the long-term demand outlook for energy, chemicals and industrial fuels. The outcome of the auction is expected to play a key role in shaping India’s coal gasification ecosystem and accelerating investments in cleaner coal technologies.

Reliance Industries and Axis Energy Ventures India Private Limited have emerged as leading bidders in the central government’s latest round of coal block auctions, aimed at accelerating domestic coal gasification and promoting cleaner energy production. According to bid participation details released after the opening of technical bids, Reliance Industries and Axis Energy jointly participated in bids for a significant number of coal blocks spread across multiple states. The two companies were common bidders for blocks in Odisha, Chhattisgarh and Andhra Pradesh, including Badibahal-Kendudihi, Chhatabar Combined, Ustali, Recherla and Chintalpudi Sector A1, highlighting their strategic focus on securing long-term coal feedstock. In several other cases, Reliance Industries and Axis Energy were part of consortium bids alongside other mining and logistics companies, underlining their intent to support large-scale coal gasification and downstream industrial applications. The Ministry of Coal had offered 41 coal blocks for auction as part of its policy push to promote coal gasification, cut import dependence and support India’s transition towards cleaner and more efficient use of coal resources. Technical bids were opened only for blocks that attracted participation from at least two bidders, with Reliance Industries and Axis Energy featuring prominently among the qualified contenders. Industry observers said the strong presence of the two companies reflects rising private sector confidence in India’s coal gasification policy framework and the long-term demand outlook for energy, chemicals and industrial fuels. The outcome of the auction is expected to play a key role in shaping India’s coal gasification ecosystem and accelerating investments in cleaner coal technologies.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code