On March 29, the government launched the seventh round of commercial coal auctions in a bid to increase the availability of the dry fuel in the country.
In a statement, the Ministry of Coal said: “In view of requests received from a large number of potential bidders, it has extended the last date for bid submission by 28 days and now the last date for bid submission for the seventh round of auctions is 27.06.2023 which was 30.5.2023 earlier.”
The ministry further said that so far 133 mines with cumulative peak rated capacity (PRC) of 540 million tonne per annum (MTPA) have been allocated/auctioned.
In order to facilitate the private players for early development of coal mines, the Ministry is providing necessary support in terms of land availability, environment/forest clearances, assistance from financial institutions, inter-agencies coordination, it said.
The ministry said it has targeted 162 MT production from captive/commercial mines during ongoing financial year.
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