Tuesday, July 16, 2024

Govt to launch 10th round of commercial coal block auction next week


Share post:


Shillong, June 14: Union Minister of Coal and Mines G. Kishan Reddy will launch the 10th round of commercial coal block auctions next week, an official said on Friday.


During the 10th round of auction, about 62 blocks are likely to be offered without end-user restrictions.


Coal from these commercial blocks is permitted to be sold by the producer in the free market.


The commercial coal block auction was first launched by the government in June 2020.


Since then, the Ministry of Coal has, in the course of 9 rounds, successfully auctioned 107 coal blocks with 256 million tonnes (MT) peak rated capacity.


So far, 11 commercial coal blocks have been operationalised.


Last year, 17.5 MT coal was produced from commercial blocks.


The Ministry of Coal has developed a coal block portal on PM Gatishakti National Master Plan, to facilitate proper visibility of geographical features for bidders. (IANS)


Related articles

AJP slams Assam govt’s directive to border cops on immigrants

Guwahati, July 16: Regional party Assam Jatiya Parishad (AJP) has voiced concern over the Assam government’s recent directive...

Kylian Mbappe unveiled as Real Madrid player at Santiago Bernabeu

Madrid, July 16: The day that all Real Madrid fans have yearned for is finally here as Kylian...

Metsola re-elected European Parliament President

Paris, July 16: Maltese politician Roberta Metsola was on Tuesday re-elected as President of the European Parliament until...

Boost to Aatmanirbharta: Govt releases new list of 346 indigenous defence items

New Delhi, July 16: The Ministry of Defence has notified the fifth Positive Indigenisation List (PIL) consisting 346...