Home » COAL »

One More Coking Coal Mine Auctioned on Third Day of Auctions

On third day of auctions under 9th round and 8th round of commercial coal mine auctions, 1 mine was put up for auction. The coal mine is partially explored coking coal mine. The total geological reserve for the coal mine is 200 Million Tonnes.

Including today’s auction, a total of 4 coking coal mines have been auctioned under the ongoing rounds of auction. Once operationalized, these coal mines will reduce the dependency of country on imported coking coal.

The result for Day 3 is as under:

 

S.

No.

 

Name of the Mine

 

State

 

PRC

(mtpa)

Geological Reserves (MT)  

Closing Bid Submitted by

Reserve Price (%) Final Offer (%)
1 Lamatola Madhya Pradesh NA 200 ACC Limited 4.00 16.75

 

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Import of Minerals

Year-wise quantity and value of import of top ten major minerals (which account for over ...

Auction for Critical Mineral Blocks

The Central Government has amended the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957 ...

STRATEGIC MINING PROGRAMME FOR EXPLORATION OF CRITICAL MINERALS

The Central Government has taken up several initiatives for promoting exploration and mining of Critical ...

Reducing Coal Imports, Boosting Exports

The Ministry of Coal spearheading a transformative initiative to reduce coal imports and promote coal ...

Production of coal

Most of the demand of coal in the country is met through indigenous production/supply. The ...

Mining Sector Registers Record Production in FY 2023-24

The index of mineral production for the month of March 2024 was 156.1, which is ...

Combined Index of Eight Core Industries (ICI) increases by 5.2 per cent (provisional) in March, 2024 as compared to March, 2023

The combined Index of Eight Core Industries (ICI) increased by 5.2 per cent (provisional) in March, 2024 ...

Coal Sector Shows Highest Growth of 11.6 % among Eight Core Industries in February 2024

The coal sector has exhibited highest growth of 11.6 % (provisional) among the eight core ...

Decline in Share of Coal Import

There has been a reduction in the share of coal import in the total coal ...

Ministry of Mines Launches Third Tranche of Auction of Critical and Strategic Minerals

The third tranche of E-auction of Critical & Strategic Minerals was launched by the Ministry ...

WP2Social Auto Publish Powered By : XYZScripts.com