India’s coal sector is playing a big role in making the country self-reliant under the ‘Atmanirbhar Bharat’ initiative. According to the government, a total of 125 coal mines have been successfully auctioned over 11 rounds. These mines have brought in investments worth around ₹40,900 crore and have created over 4 lakh direct and indirect jobs.
The Ministry of Coal has launched the 12th round of commercial coal mine auctions to boost domestic coal production and strengthen India’s energy security.
In this round, 28 coal and lignite blocks are up for auction. This move aims to reduce India’s dependence on imported coal and save foreign exchange, according to Union Minister of Coal and Mines G. Kishan Reddy.
Driving Competition and Efficiency in the Coal Sector
The transparent auction process has increased healthy competition, encouraging public sector companies to compete with private players. This has led to greater efficiency, reforms, and improved operations, making India’s coal sector more competitive globally, said the minister.
He urged all industry players and stakeholders to take part in the 12th round of auctions, emphasizing the need for collective efforts to build a self-reliant and energy-secure India.
Why the 12th Round of Coal Auctions Matters for Energy Security
Union Minister of State for Coal and Mines Satish Chandra Dubey highlighted that India has crossed 1 billion tonnes in coal production. The launch of the 12th round of coal mine auctions is another big step toward making the country energy self-sufficient.
He emphasized that a fair and transparent auction process, business-friendly policies, and greater private sector involvement will boost coal production, attract investments, generate jobs, and drive infrastructure growth.
Coal Mines on Offer and Their Economic Impact
The auction includes two lignite mines to meet different energy needs. Of the total mines, 13 are fully explored and ready for quick development, while 12 are partially explored, offering long-term investment potential and helping India’s coal sector grow.
Additionally, three mines from previous auctions are also available. These mines are located across key coal and lignite-rich states like Jharkhand, Chhattisgarh, Odisha, Madhya Pradesh, Maharashtra, West Bengal, and Rajasthan.
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