Within a span of less than three years, six tranches of auctions have been concluded successfully and 87 coal mines have been auctioned.

These mines are estimated to generate revenue of around Rs. 33,200 Crores and to provide employment to about three lakhs persons.

With a vision of “Aatmanirbhar Bharat”, the first ever tranche of Commercial Coal Mine Auctions was launched by the Prime Minister in June, 2020.

Mineral laws were amended to open up the coal sector,to provide a level-playing field to the public & private sector players and to permit auction of coal mines without any restriction on end use – coal from these mines can be utilized towards own consumption, sale or for any other purpose.

Within a span of less than three years, six tranches of auctions have been concluded successfully and 87 coal mines have been auctioned.  These mines are estimated to generate revenue of around Rs. 33,200 Crores and to provide employment to about three lakhs persons.