Government receives 44 bids in 10th round of commercial coal mine auction
COAL & MINING

Government receives 44 bids in 10th round of commercial coal mine auction

The government announced that it has received 44 bids for 67 coal blocks offered for sale in the 10th round of commercial mine auctions. All bids were submitted in physical form.

In June, the coal ministry put these 67 coal mines up for auction, reflecting a strong interest from stakeholders in India's evolving coal sector. The coal ministry noted that the significant number of bids highlights continued engagement from various participants, particularly small and medium-sized players, demonstrating the inclusivity of the auction process.

The online and offline bids will be opened on Monday. The robust response to this auction round marks a key step towards achieving energy self-reliance in India, aligning with the government's vision of self-sufficiency.

By engaging a diverse array of participants, the Centre aims to boost coal production, ensuring a reliable supply of dry fuel for multiple sectors, thereby enhancing energy security and reducing import dependence. The coal ministry remains dedicated to promoting a dynamic and competitive environment within the coal sector to meet the growing demands of the economy.

The government announced that it has received 44 bids for 67 coal blocks offered for sale in the 10th round of commercial mine auctions. All bids were submitted in physical form. In June, the coal ministry put these 67 coal mines up for auction, reflecting a strong interest from stakeholders in India's evolving coal sector. The coal ministry noted that the significant number of bids highlights continued engagement from various participants, particularly small and medium-sized players, demonstrating the inclusivity of the auction process. The online and offline bids will be opened on Monday. The robust response to this auction round marks a key step towards achieving energy self-reliance in India, aligning with the government's vision of self-sufficiency. By engaging a diverse array of participants, the Centre aims to boost coal production, ensuring a reliable supply of dry fuel for multiple sectors, thereby enhancing energy security and reducing import dependence. The coal ministry remains dedicated to promoting a dynamic and competitive environment within the coal sector to meet the growing demands of the economy.

Next Story
Infrastructure Urban

Andhra Pradesh to Develop 30,000 Women-Led Enterprises by 2025

The Municipal Administration and Urban Development (MAUD) Department is accelerating efforts to create sustainable livelihoods for women in urban areas, in line with Chief Minister Nara Chandrababu Naidu’s goal of fostering one lakh women entrepreneurs by 2025. Under this initiative, the MAUD Department has set a target to establish 30,000 women-led enterprises across towns and cities in Andhra Pradesh. To support this vision, the department plans to establish Micro, Small & Medium Enterprises (MSMEs) for women in TIDCO housing complexes. Vacant plots across 163 colonies have been earmarked ..

Next Story
Infrastructure Energy

G Kishan Reddy discusses mining expansion, clearances with Chhattisgarh CM

Coal and Mines Minister G Kishan Reddy met Chhattisgarh CM Vishnu Deo Sai on Friday to expedite land acquisition and environmental clearances for mining projects. Reddy, who was on a two-day visit to review operations at South Eastern Coalfields Ltd (SECL), discussed measures to boost mining-led economic growth in the state. Key topics included speeding up land acquisition for mine expansions, obtaining quicker environmental approvals, and setting up integrated rehabilitation and resettlement sites. The minister also highlighted the importance of developing critical minerals in the region, alo..

Next Story
Infrastructure Urban

NITI Aayog's Vision for India's Auto Industry

NITI Aayog has launched the report titled "Automotive Industry: Powering India’s Participation in Global Value Chains," offering a roadmap for the country’s automotive future. Released by Shri Suman Bery, Vice Chairman, the report outlines key strategies to grow India’s automotive sector to $145 bn in component production by 2030. India is currently the fourth-largest automobile producer globally, but with only a modest three per cent share in the global automotive component market. The report emphasises the need to strengthen India’s position through competitive manufacturing, skill d..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?