The Coal Ministry is set to launch the 13th round of commercial coal mine auctions, offering 34 coal blocks for bidding. The auction round will be inaugurated in New Delhi in the presence of Union Coal and Mines Minister G. Kishan Reddy as the chief guest and Minister of State for Coal and Mines Satish Chandra Dubey as the special guest.
12 Mines are Fully Explored, 22 are Partially Explored
The ministry said the latest round covers 34 coal mines, five under the Coal Mines (Special Provisions) Act and 29 under the Mines and Minerals (Development and Regulation) Act. Of these, 12 are fully explored and 22 partially explored. In addition, three blocks are being re-offered under the second attempt of the 12th round, including two CMSP and one MMDR mine.
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Auctions Created Opportunities for Fresh Investments
Commercial coal mine auctions were first introduced in 2020 to attract private investment and reduce import dependence. According to the ministry, the continued rounds of auctions have created opportunities for fresh investments while strengthening domestic coal supply to meet growing demand in the power and industrial sectors. The 13th round is expected to add further momentum to the Government’s coal sector reforms.
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