Govt. to launch ninth spherical of business coal mine public sale on December 20; 26 mines on the block

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These mines are within the states of Chhattisgarh, Jharkhand, Madhya Pradesh and Telangana. File.
| Picture Credit score: G.N. RAO

The Centre will launch the ninth spherical of business coal mines public sale on December 20, providing as many as 26 blocks to bidders.

In pursuit of guaranteeing vitality safety and driving financial improvement, the Ministry of Coal is about to embark on one other vital stride with the launch of the ninth spherical of Business Coal Mine Auctions right here on 20th December 2023, the Coal Ministry stated in an announcement.

“Of the 26 coal mines to be auctioned, seven are absolutely explored, whereas 19 are partially explored blocks,” the Ministry stated.

These mines are within the states of Chhattisgarh, Jharkhand, Madhya Pradesh and Telangana.

Coal and Mines Minister Pralhad Joshi would be the chief visitor and Minister of State for Railways, Coal and Mines Raosaheb Patil Danve would be the visitor of honour on the event.

Not like earlier industrial coal mine auctions, there are not any restrictions on the sale or utilisation of coal.

“Notably, eligibility standards have been eradicated, eradicating any technical or monetary limitations for participation,” the Coal Ministry stated.

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