Ministry of Coal signs 16 agreements with successful bidders of coal mines

The Ministry of Coal has signed agreements with the successful bidders for 16 coal mines under sale of coal of 13th tranche, 14th tranche and second attempt of 12th tranche.

The 16 mines for which coal mine/ block production and development agreements have been executed are Beharaband North Extension, Gondbahera Ujheni East, Tokisud Block II, Bankhui, Bijahan, Brinda and Sasai, Koilajan, Garampani, Majra, Namchik Namphuk, Utkal C, Chinora, Utkal B1 and Utkal B2 and Gare Palma IV/6. The successful bidders include Auro Coal Private Limited, MP Natural Resources Private Limited, Twenty First Century Mining Private Limited, Yazdani Steel and Power Limited, Mahanadi Mines and Minerals Private Limited, Dalmia Cement (Bharat) Limited, Assam Mineral Development Corporation Limited, BS Ispat Limited, Platinum Alloys Private Limited and Jindal Steel and Power Limited. Notably, during the last four months, Coal India Limited (CIL) has set new record by producing around 207 million tonnes (mt) of coal. The Ministry of Coal is targeting production of 900 mt during 2022-23. Out of this, CIL targets to produce 700 mt. Also, in the near future, more than 107 coal blocks will be made available for auction by the Ministry of Coal.

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