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.

Next Story
Infrastructure Transport

NHAI gets SEBI nod for Raajmarg Infra InvIT

The National Highways Authority of India (NHAI) has received approval from the Securities and Exchange Board of India for its sponsored Raajmarg Infra Investment Trust (RIIT) to operate as a public Infrastructure Investment Trust (InvIT), marking a key milestone in its asset monetisation programme.The public InvIT is aimed at unlocking value from national highway assets while creating a long-term investment instrument targeted primarily at retail and domestic investors. NHAI said the move would broaden public participation in India’s highway infrastructure growth story and support sustainabl..

Next Story
Infrastructure Transport

Great Nicobar Airport to Boost Defence and Tourism

The government has begun work on a new airport at the southernmost tip of India on Great Nicobar Island, a move expected to significantly strengthen India’s defence preparedness while accelerating tourism-led development in the region, according to official documents accessed by ANI. The proposed airport will enable operations of larger military aircraft and sharply cut response times for defence forces in the Indian Ocean Region, a critical consideration for national security. The nearest major airport, Veer Savarkar International Airport in Port Blair, is located more than 500 kilometres ..

Next Story
Infrastructure Transport

Navi Mumbai Airport Opens for Commercial Operations

After decades of planning, the greenfield Navi Mumbai International Airport (NMIA) is set to commence commercial operations from Thursday, a milestone expected to cut travel time, boost tourism and attract large-scale investment across the Mumbai Metropolitan Region. The City and Industrial Development Corporation (CIDCO), the implementing agency for the project, said the airport will handle 30 air traffic movements, including arrivals and departures, on its first day of operations. The launch is expected to significantly ease congestion at the existing Mumbai international airport while esta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App