On June 21, 2024, the Ministry of Coal started the 10th round of coal mine auctions, aiming to increase coal production and support India’s economic growth. Nine coal mines were successfully auctioned, including fully explored and partially explored mines. These mines have a total geological reserve of about 3,998.73 million tonnes of coal, with a combined peak production capacity of 14.10 million tonnes per year (excluding the partially explored mines).
The auction included mines from several states such as Jharkhand, Chhattisgarh, Madhya Pradesh, and Odisha. Here are some key details of the auctioned mines:
| Mine Name |
State |
Production Capacity |
Geological Reserves |
Winning Bidder |
Final Offer (%) |
Coal Type |
| Bundu Mine |
Jharkhand |
1.00 MTPA |
102.268 million tonnes |
S M Steels and Powver Limited |
16.75% |
Non-Coking Coal |
| Gare Palma IV/5 |
Chhattisgarh |
1.10 MTPA |
77.990 million tonnes |
Sarda Energy and Minerals Limited |
25.75% |
Non-Coking Coal |
| Kerendari-BC North |
Jharkhand |
N/A |
600.000 million tonnes |
Orissa Alloy Steel Private Limited |
23.25% |
Non-Coking Coal |
| Marwatola South |
Madhya Pradesh |
N/A |
126.300 million tonnes |
Mineware Advisors Private Limited |
22.25% |
Non-Coking Coal |
| New Patrapara South |
Odisha |
12.00 MTPA |
720.870 million tonnes |
NLC India Limited |
5.50% |
Non-Coking Coal |
| Sarai East (South) |
Madhya Pradesh |
N/A |
128.600 million tonnes |
ACC Limited |
5.50% |
Non-Coking Coal |
| Ulia Gamhardih |
Chhattisgarh |
N/A |
587.700 million tonnes |
S M Steels and Powver Limited |
42.50% |
Non-Coking Coal |
| Gawa (East) |
Jharkhand |
N/A |
55.000 million tonnes |
Shreeji Nuravi Coal Mining and Trading Pvt. Ltd. |
7.00% |
Non-Coking Coal |
| Bartap (Revised) |
Odisha |
N/A |
1,600.000 million tonnes |
JSW Energy Utkal Limited |
8.50% |
Non-Coking Coal |
This table provides the details of each coal mine auctioned, including the state, production capacity, geological reserves, winning bidder, final offer percentage, and the type of coal.
The auctions show strong interest in the coal sector, with the potential to generate around ₹1,446 crore in annual revenue from the mines auctioned. Additionally, these mines are expected to attract investments of approximately ₹2,115 crore and create over 19,000 new jobs.
Since 2020, a total of 113 coal mines have been successfully auctioned in India, contributing to a combined production capacity of 257.60 million tonnes per year. When these mines become operational, they will help increase domestic coal production and reduce dependence on imports. Collectively, these mines are projected to generate ₹35,437 crore in annual revenue, attract ₹38,641 crore in capital investments, and create jobs for around 3.5 lakh people in coal-producing regions.
These efforts are part of the government’s larger plan to make India self-reliant in the coal sector and support the country's energy needs. The Ministry of Coal’s initiatives are not just about meeting energy demands; they also play a crucial role in strengthening the economy, creating jobs, and helping India become more self-sufficient, in line with the vision of an ‘Atmanirbhar Bharat’.(PR)