May 26, 2024 20:16 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Man-made disaster': Gujarat High Court takes suo motu cognizance of Rajkot gaming zone fire that killed 27 people | Payal Kapadia's Indian film All We Imagine As Light wins Grand Prix Award at Cannes | 'Was told to take the blame': Pune Porsche teen's grandfather told driver to take responsibility for crash | 24 killed in gaming zone fire in Gujarat’s Rajkot; PM Modi expresses grief | INDIA bloc performing mujra for vote bank, says Prime Minister Narendra Modi launching a scathing attack on opposition parties
Three mines up for bids on second day of commercial coal mine auctions
Photo courtesy: Unsplash

Three mines up for bids on second day of commercial coal mine auctions

| @indiablooms | 14 Mar 2024, 03:09 am

New Delhi: On the second day of auctions under the 9th round and 8th round, three mines were put up for auctions for commercial mining, the Ministry of Coal said on Wednesday.

Out of the three mines, one is a coking coal mine and 2 are mines with non-coking coal reserves.

All 3 coal mines are partially explored mines having total geological reserves of 388.32 Million Tonnes and have received good competition among bidders.

Under the Coking Coal Mission, coking coal mines have also been included in auctions.

Domestic production of coking coal is important for the country to reduce imports. 

The Baisi mine in Chhattisgarh, with 135.00 MT of non-coking coal reserve, was bagged by Indermani Mineral India Pvt Ltd.

JK Cement Ltd. won the bid for the West of Shahdol (South) Mine in Madhya Pradesh with non-coking coal reserves of 93.32 MT.

E-auction for the third mine under auction, Babupara East Mine in Jharkhand, with 160.00 MT of coking coal reserves, was underway at 6:30 pm when the statement was released.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.