India’s Commercial Coal Mining Push to Add Rs 4,620 Crore Revenue and 66,000 Jobs from Latest Auction
Ministry of Coal has announced that three coal blocks auctioned in the recent round are expected to generate significant economic benefits, despite the Takua coal block receiving no bids in the Final Offer stage.
The Ministry of Coal has announced that three coal blocks auctioned in the recent round are expected to generate significant economic benefits, despite the Takua coal block receiving no bids in the Final Offer stage.
According to the ministry, the three successfully auctioned blocks are projected to generate annual revenue of about Rs 4,620.69 crore, attract capital investment of nearly Rs 7,350 crore, and create over 66,000 employment opportunities once operational.
Since the launch of commercial coal mining in 2020, a total of 136 coal blocks have been successfully auctioned, with a combined production capacity of 325.04 million tonnes per year. When these mines begin operations, they are expected to yield annual revenue of Rs 43,330 crore, bring in capital investment of Rs 48,756 crore, and generate around 4.39 lakh jobs across coal-bearing regions.
The ministry said these outcomes highlight its commitment to strengthening the coal sector, enhancing domestic production, and reducing dependence on imports. The expanding commercial mining ecosystem continues to support India’s energy security goals while contributing to economic growth, employment generation, and the broader vision of an Atmanirbhar Bharat.