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Coal Ministry Launches 8th round of Commercial Coal Mines Auction

Coal Ministry Launches 8th round of Commercial Coal Mines Auction

The Ministry of Coal launched the eighth round of commercial coal mines auction process, here . Total of 39 coal mines are on offer. Launching the auction virtually, Union Minster for Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi said that all efforts are on to stop coal import by 2025-26. He also stated that coal production from underground mines (UG) will be further scaled up to touch 100 million tonne (MT) by 2030 by deploying mass production technology.

 

The mines being auctioned are spread across coal bearing States of Jharkhand, Odisha, Maharashtra, West Bengal and Bihar.

 

Out of 39 coal mines, four mines are being offered under 2nd attempt of 7th round under CMSP/ MMDR Act, where single bid were received in the first attempt. Of the 35 coal mines being offered under 8th round, 16 coal mines are new ones and 19 mines are being rolled over from earlier tranches.

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