The Ministry of Coal will commence forward auction of commercial coal mines from February 27, 2023.
The Ministry of Coal had launched the sixth round and second attempt of fifth round of commercial coal mines auctions on November 3, 2022, which received 96 bids for 36 coal mines, including participation from many first time bidders. After completion of technical evaluation, 27 coal mines which received more than one bid, will be put up for forward auction from February 27, 2023 onwards. To familiarise bidders with the auction process, mock e-auction will be conducted on February 24, 2023.