New Delhi/Bhubaneswar: The Ministry of Coal is poised to launch the 12th round of Commercial Coal Mine Auctions on Thursday. Union Minister of Coal and Mines, G Kishan Reddy, will grace the occasion as the Chief Guest, while Union Minister of State, Satish Chandra Dubey, will be the Guest of Honour.
Under round 12, a total of 25 coal mines, including two from Odisha are being offered.
These comprise 7 mines under CMSP [Coal Mines (Special Provisions) Act, 2015] and 18 mines under MMDR (Mines and Minerals (Development and Regulation) Act, 1957). Among these, 2 are lignite mines, catering to diverse energy requirements.
Furthermore, 13 coalmines are Fully Explored, while 12 are Partially Explored, providing opportunities for both immediate and future development, an official press release said on Wednesday.
In addition, under the 2nd Attempt of Round 11, the Ministry of Coal is offering three partially explored coal mines under the MMDR Act, providing significant investment opportunities while reinforcing domestic coal production and energy security.
The 12th Tranche of Commercial Coal Mine Auctions is expected to attract significant interest from domestic and international investors, reinforcing India’s commitment to self-reliance in energy and industrial growth.
This milestone will further accelerate the development of a robust and resilient coal sector, supporting industries, power plants, and infrastructure projects across the country.
