Five coal mines of four states auctioned under fourth tranche of commercial auction

The government has auctioned five coal mines in four states under the fourth tranche of commercial auction.

All five coal mines are fully explored coal mines. The total geological reserves for these five coal mines are 665.08 million tonne (mt). The cumulative peak rated capacity (PRC) for these coal mines is 14.756 mt per annum (mtpa).Jindal Steel and Power Limited has won the bid for Utkal B1 and B2 in Odisha and Gare Palma IV/6 in Chhattisgarh, Twenty First Century Mining Private Limited has won the bid for Rabodih OCP in Jharkhand,and BS Ispat Limited has got Chinoramine in Maharashtra.With this, a total of 47 coal mines have been successfully auctioned under the commercial coal mining auction process so far, with a total cumulative PRC of 101.440 mtpa.

GET ACCESS TO OUR ARTICLES

Enter your email address

Share your work e-mail and access a free 3 month digital subscription to Power Line Magazine