Business Standard

75 coal mines to go under the hammer in second round of auction

In order to keep the interest of new and small players intact, the coal ministry is offering only small- and medium-sized coal mines in the second round

iron ore mine
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The Union coal ministry would also offer new mines which were not part of the original list of 205 mines, whose allocation were cancelled by the Supreme Court

Shreya Jai New Delhi
As many as 75 mines will go under the hammer in the second round of auction of commercial coal mines. Thirty-eight mines were on offer in the first round, of which 19 were sold.
 
Out of the 75 mines, 70 are coking mines, used in the thermal power generation sector and five are non-coking mines for steel and metals sector. There are 40 mines that have already been explored with the remaining being partially explored.
 
Chhattisgarh accounts for the highest number of mines, followed by Jharkhand and Odisha. In the first round, Madhya Pradesh had the highest number

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