Coal ministry withdraws Bander mine from auction list

The coal ministry has withdrawn Bander mine located in Chandrapur district of Maharashtra from the list of 41 coal blocks put up for auction for commercial mining as the mine lies in an eco-sensitive zone.

In June 2020, the central government has launched the auction process of 41 coal blocks for commercial mining, expected to garner Rs 330 billion of capital investment in the country over next 5-7 years. The commencement of auction process of these blocks is likely to contribute Rs 200 billion revenue annually to state governments.

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