The government recently announced that a total of 42 coal blocks have been auctioned till date for commercial mining. Of the said blocks, 10 coal mines were auctioned recently under the third tranche, the coal ministry said in a statement.
“Under the commercial coal mining auction process, a total of 42 coal mines, including… mines auctioned in tranche-3, have been successfully auctioned till date with a total cumulative PRC (peak rate capacity) of 86.404 million tonnes per annum (MTPA),” the statement said.
On the second and the third days of auction, Jindal Steel and Power bagged Utkal-C coal mine in Odisha while Hindalco Industries made the highest bid for Meenakshi mine in the eastern state.
BS Ispat Ltd emerged as the highest bidder for Majra mine in Maharashtra, and Assam Mineral Development Corporation bagged Garampani coal block in Assam.
Platinum Alloys Pvt Ltd bagged Namchik Namphuk mine in Arunachal Pradesh.