The Ministry of Coal successfully auctioned 12 coal mines in the 11th round of commercial coal mine auctions, held since the launch on December 5, 2024. This marks another milestone in India’s efforts to achieve self-reliance in the coal sector.

The auctioned mines include eight fully explored and four partially explored mines, with a combined geological reserve of approximately 5,759.23 million tonnes. The cumulative Peak Rated Capacity (PRC) of the fully explored mines stands at 15.46 Million Tonnes Per Annum (MTPA). The auctions saw intense competition, achieving an average revenue share of 36.27%, reflecting strong industry interest and the Ministry’s commitment to transparency and policy stability.

Results:

The newly auctioned mines are projected to generate an annual revenue of Rs 33.3 billion (excluding partially explored mines) and attract Rs 23.19 billion in capital investment. They are also expected to create 20,902 jobs, boosting economic development in coal-rich regions.

Since the launch of commercial coal mining in 2020, the Ministry has auctioned 125 coal mines with a combined production capacity of 273.06 MTPA. Once operational, these mines are expected to generate Rs 387.67 billion in annual revenue, attract Rs 409.6 billion in investments, and create 469,000 jobs.

Coal production from commercial mines has shown remarkable growth. In FY 2023-24, production stood at 12.55 MT, which increased to 22.35 MT in FY 2024-25 (till date), registering a 78.14% growth.

The Ministry of Coal remains committed to transforming the sector into a key driver of economic growth, strengthening India’s energy security, and advancing the vision of Atmanirbhar Bharat by ensuring a sustainable and robust domestic coal supply.

(PIB)