The Ministry of Coal has commenced the 10th round of commercial coal mine auctions, auctioning five mines on the first day with combined geological reserves of 2,630.77 million tonnes and a peak rated capacity of 12 million tonnes per annum.
The fully explored New Patrapara South mine in Odisha was awarded to NLC India Limited, while partially explored mines in Madhya Pradesh, Jharkhand, and Odisha went to Mineware Advisors, ACC Limited, Shreeji Nuravi, and JSW Energy Utkal, respectively. These mines are projected to generate annual revenue of Rs 11.07 billion and attract Rs 18 billion in investments.