Coal Ministry launches 10th tranche of commercial Coal Mine Auctions

The auction shall be held online through a transparent two-stage process, based on Percentage Revenue Share.

Coal Ministry launches 10th tranche of commercial Coal Mine Auctions

Ministry of Coal has launched the 10th tranche of commercial coal mine auctions and a total of 67 coal mines are offered. Union Minister of Coal and Mines, Shri G. Kishan Reddy launched the 10th tranche of commercial coal mine auctions at Hyderabad in the presence of Shri Mallu Bhatti Vikramarka, Deputy Chief Minister of Telangana and Shri Satish Chandra Dubey, Minister of State for Coal and Mines.

These 67 coal mines are spread across the states of Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, West Bengal, and Telangana and include both fully explored and partially explored and 3 coking coal mines.

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The sale of the tender document has begun from June 21, 2024. You can find information about the mines, auction terms, timelines, etc. on the MSTC auction platform and the Ministry of Coal website. The auction will take place online through a transparent two-stage process, based on Percentage Revenue Share.

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For the 10th Tranche, mines falling under protected areas, wildlife sanctuaries, critical habitats, having forest cover greater than 40%, heavily built-up areas, etc. have been excluded.

The block boundaries of some of the coal mines where there was the presence of dense habitation, high green cover or critical infrastructure, etc. have been revised to improve the attractiveness of the coal mines.

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