Government to auction off 27 more coal mines beginning February 27
COAL & MINING

Government to auction off 27 more coal mines beginning February 27

The coal ministry announced that 27 coal mines would be auctioned off in the next round of commercial mines auctions, which will begin on February 27. The coal ministry launched an auction process for 141 coal and lignite mines in November of last year.

Following the completion of technical evaluation, 27 coal mines that received multiple bids will be put up for forward auction.

On February 24, a mock e-auction will be held to familiarise bidders with the auction process.

On November 3, 2022, the ministry launched the 6th round and 2nd attempt of the 5th round of commercial coal mine auctions, which received unprecedented industry response.

96 bids were received for 36 coal mines, with many first-time bidders participating, reflecting bidder enthusiasm and optimism about the coal mining sector.

Also read:
Adani to reconsider its plans to build a plant in Mundra
MCL surpasses highest ever annual coal production of 168.17 MT


The coal ministry announced that 27 coal mines would be auctioned off in the next round of commercial mines auctions, which will begin on February 27. The coal ministry launched an auction process for 141 coal and lignite mines in November of last year. Following the completion of technical evaluation, 27 coal mines that received multiple bids will be put up for forward auction. On February 24, a mock e-auction will be held to familiarise bidders with the auction process. On November 3, 2022, the ministry launched the 6th round and 2nd attempt of the 5th round of commercial coal mine auctions, which received unprecedented industry response. 96 bids were received for 36 coal mines, with many first-time bidders participating, reflecting bidder enthusiasm and optimism about the coal mining sector. Also read: Adani to reconsider its plans to build a plant in Mundra MCL surpasses highest ever annual coal production of 168.17 MT

Next Story
Resources

Office Fit-Out Costs Rise in India amid Demand for Premium Workspaces

Office fit-out costs in India continued to rise in 2024, with Mumbai leading at US$73 per sq. ft., followed by Delhi at US$ 69 per sq. ft., according to Cushman & Wakefield’s latest Fit-Out Cost Guide. Bengaluru follows at US$67 per sq. ft., while Ahmedabad, Chennai, Hyderabad, Kolkata, and Pune stand at US$ 65 per sq. ft.Despite a three per cent year-on-year increase, India remains one of the most cost-effective office fit-out destinations in the Asia Pacific (APAC) region. The report notes a shift towards premium, tech-enabled, and sustainable workspaces as companies invest more per sq..

Next Story
Equipment

TKIL Industries’ Hyderabad Plant Earns Five-Star Safety Grading

TKIL Industries has achieved a Five-Star grading in the British Safety Council's Occupational Health and Safety Audit for its Hyderabad manufacturing plant. This follows a similar recognition for its Pimpri facility, reinforcing TKIL’s commitment to safety, risk management, and operational excellence.The Hyderabad plant, operational since 1988, manufactures equipment for sugar, mining, cement, and power industries and employs 720 workers. The audit assessed leadership, risk management, and organisational safety culture, covering 50 key health and safety components.Mike Robinson, CEO, British..

Next Story
Real Estate

Bigdome Infra Acquires Prime Land in Kamba for Rs 1.3 bilion

Bigdome Infra has acquired 68.91 hectares of land in Kamba, Kalyan-Dombivli, for Rs 1.29 billion (bn), according to property registration data reviewed by Square Yards. The purchase was made through two transactions from multiple owners and was registered between February and March 2025. Kamba, an emerging locality in Maharashtra, offers connectivity to Kalyan, Ambernath, and Thane via National Highway 61 (NH 61) and nearby railway stations. The total stamp duty paid for the transaction was Rs 79.5 million. Registered on February 28, 2024, Bigdome Infra is a real estate-focused compa..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?