Coal Ministry has initiated the next tranche of commercial coal mine auction, inviting Expression of Interest for 75 mines of which five are pure coking coal blocks, two are a mix of coking and non-coking coal while the rest are thermal coal.
“Buoyed with the success of the 1stever auctions for commercial coal mining, Coal Ministry has come up with the next tranche of commercial coal mine auctions. Expression of interest has been invited for 64 coal mines,” Pralhad Joshi, Coal and Mines Minister, tweeted.
Out of 75, 50 blocks are being offered under Mines and Minerals (Development and Regulation) Act, 1957 while the balance under Coal Mines (Special Provisions) Act, 2015.
There shall be no restriction on the sale and or utilisation of coal produced from the coal mine and successful bidders shall be free to sell coal in any manner.
“The list has been finalised post detailed deliberations,” the ministry said.
During the deliberations, the minister followed the following issues:
♦ Blocks falling under un-notified Lemru Elephant Reserve of Chhattisgarh, wildlife habitat of Great Indian Bustard, Kinnersani ESZ, Tiger Reserve/ Corridor, heavily built-up area etc. have been excluded.
♦ Blocks having over 40 percent of green cover have been excluded
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