The Ministry of Coal announced on Wednesday that it has successfully auctioned 9 mines as part of the 10th round of commercial coal mine auctions.
These mines are expected to generate an annual revenue of around Rs 1,446 crore (excluding partially explored mines). They are also likely to attract a capital investment of around Rs 2,115 crore and create 19,063 employment opportunities, the ministry said.
The nine mines hold a combined geological reserve of approximately 3,998.73 million tonnes. The cumulative Peak Rated Capacity (PRC) of these mines stands at 14.10 MTPA, excluding partially explored coal mines, according to the Ministry’s statement.
While three of these coal mines are in Jharkhand, there are two each in Odisha, Chhattisgarh, and Madhya Pradesh.
