+
Ministry of Mines to Launch Second Tranche of EL Auctions
ECONOMY & POLICY

Ministry of Mines to Launch Second Tranche of EL Auctions

The Ministry of Mines will launch the second tranche of auction of Exploration Licence (EL) blocks on 12 February 2026 at the Civil Services Officers' Institute in New Delhi, marking another milestone in ongoing reforms to strengthen mineral exploration and ensure long-term mineral security for critical and deep-seated minerals. The event will be attended by the Union Minister of Coal and Mines, G. Kishan Reddy, senior ministry officials and representatives of state governments, industry and other stakeholders. The launch is presented as part of a broader effort to attract investment and improve the exploration ecosystem.

On the occasion the Ministry will unveil the Next Generation Digital Portal of the Geological Survey of India (GSI), which consolidates data acquisition, analysis, visualisation and dissemination on a single cloud-enabled platform. The portal is equipped with artificial intelligence and machine learning based tools and will interoperate with the National Geoscience Data Repository (NGDR) to support integrated datasets. Officials expect the portal to enhance transparency, increase efficiency and enable more data-driven decision-making across the mineral sector.

A comprehensive roadshow programme for stakeholders will accompany the launch and will explain the EL framework, the auction methodology and the incentives available to explorers. Presentations will cover the e-auction process through the MSTC portal, auction rules and the National Mineral Exploration Trust (NMET) scheme, which provides partial reimbursement of eligible exploration expenditure. An open house session is planned to allow participants to raise queries and offer suggestions.

The second tranche builds upon the rollout of the first tranche, which comprised 13 Exploration Licence blocks covering critical minerals such as Rare Earth Elements (REE), zinc, diamond, copper and Platinum Group Elements (PGE), and was launched on 13 March 2025 in Goa. The Ministry frames the auctions and the digital tools as steps towards strengthening the national capability to identify and develop mineral resources and to support strategic priorities for the sector.

The Ministry of Mines will launch the second tranche of auction of Exploration Licence (EL) blocks on 12 February 2026 at the Civil Services Officers' Institute in New Delhi, marking another milestone in ongoing reforms to strengthen mineral exploration and ensure long-term mineral security for critical and deep-seated minerals. The event will be attended by the Union Minister of Coal and Mines, G. Kishan Reddy, senior ministry officials and representatives of state governments, industry and other stakeholders. The launch is presented as part of a broader effort to attract investment and improve the exploration ecosystem. On the occasion the Ministry will unveil the Next Generation Digital Portal of the Geological Survey of India (GSI), which consolidates data acquisition, analysis, visualisation and dissemination on a single cloud-enabled platform. The portal is equipped with artificial intelligence and machine learning based tools and will interoperate with the National Geoscience Data Repository (NGDR) to support integrated datasets. Officials expect the portal to enhance transparency, increase efficiency and enable more data-driven decision-making across the mineral sector. A comprehensive roadshow programme for stakeholders will accompany the launch and will explain the EL framework, the auction methodology and the incentives available to explorers. Presentations will cover the e-auction process through the MSTC portal, auction rules and the National Mineral Exploration Trust (NMET) scheme, which provides partial reimbursement of eligible exploration expenditure. An open house session is planned to allow participants to raise queries and offer suggestions. The second tranche builds upon the rollout of the first tranche, which comprised 13 Exploration Licence blocks covering critical minerals such as Rare Earth Elements (REE), zinc, diamond, copper and Platinum Group Elements (PGE), and was launched on 13 March 2025 in Goa. The Ministry frames the auctions and the digital tools as steps towards strengthening the national capability to identify and develop mineral resources and to support strategic priorities for the sector.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code