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CoalMin launches largest-ever commercial coal auction of 141 mines

The coal ministry has auctioned close to 64 coal mines to date under commercial auction

(Photo: Bloomberg)
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(Photo: Bloomberg)

Shreya Jai New Delhi
The Union Ministry of Coal launched a new round of coal mine auction for commercial purposes with the largest-ever basket of 141 mines. Of this, 71 are new mines, 62 from earlier tranches of commercial auctions, and eight being offered as a second attempt of the last round of commercial auctions that did not receive bids. 

The coal ministry has auctioned close to 64 coal mines to date under commercial auction.

Senior coal ministry officials said three mines have already commenced production: these are Gare Palma IV/7 awarded to Sarda Mining, Gare Palma IV/1 of Jindal Steel & Power, and

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