Ministry of Coal to launch sixth tranche of coal mines auction for commercial mining

The Ministry of Coal will be launching the sixth tranche of auction of coal mines for sale of coal on November 3, 2022.

The coal mines including the lignite mines are a mix of Coal Mines Special Provisions and Mines and Minerals Development and Regulation, fully explored and partially explored coking, non–coking etc. The auction will be held online through a transparent two-stage process, on the basis of percentage revenue share. The commencement of sale of tender document will start from November 3, 2022. Details of the mines, auction terms, timelines etc. can be accessed on MSTC auction platform.