Coal ministry issues tender for coal mine allocation

The Ministry of Coal has issued a tender for allocation of coal mines for companies engaged in specific end-use sectors, including iron and steel, cement, and captive power plants (CPPs). The successful allottees of the captive coal blocks will be able to sell 25 per cent of their coal production in the open market at prices fixed by Coal India Limited. The ministry plans to auction 19 coal blocks, of which 13 will be auctioned in the sixth tranche of auction for iron and steel, cement, and CPPs while six (coking coal blocks) will be auctioned in the seventh round for iron and steel. The mines to be put to auction in the sixth round are Brahmpuri coal mine in Madhya Pradesh; Bundu, Gondulpara and Chitarpur in Jharkhand; Gondkhari and Marki Mangli IV in Maharashtra; Jaganathpur A and Jaganathpur B in West Bengal; the Bhaskarpara, Gare Palma IV -1 and Sondiha in Chhattisgarh; and Jamkhani in Odisha. The coking coal blocks to be auctioned in the seventh tranche are Brahmadiha, Choritand Tillaya, Jogeshwar and Khas Jogeshwar, Rabodih OCP, Rohne (in Jharkhand) and Urtan North (in Madhya Pradesh).

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