MoC prepares to auction coal mines

The Ministry of Coal (MoC) has started the process of auction of 27 coal mines and allotment of 15 coal mines to central PSUs and state PSUs. The MoC is auctioning 21 non-coking coal mines for end use non-regulated sectors and six coking coal mines for end-use iron and steel sector. In the case of allotment of blocks to PSUs, five coal mines are for the power sector, nine for sale of coal, and one for iron and steel. At peak rated capacity, these 42 coal mines will produce about 70 million tonnes of coal per annum. The last date of registration of bidders and sale of the tender document is September 13, 2019.

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