{"id":7575,"date":"2024-06-14T19:52:48","date_gmt":"2024-06-14T14:22:48","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=7575"},"modified":"2024-06-14T19:52:48","modified_gmt":"2024-06-14T14:22:48","slug":"coal-ministry-to-launch-10th-round-of-commercial-coal-block-auction","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/06\/14\/coal-ministry-to-launch-10th-round-of-commercial-coal-block-auction\/","title":{"rendered":"Coal Ministry to Launch 10th round of Commercial Coal Block Auction"},"content":{"rendered":"<p style=\"text-align: justify;\">Aligning with the vision of Prime Minister Shri Narendra Modi for attaining energy independence by 2047 and to ensure\u00a0<strong>\u201c<em>Atma-Nirbharta (self-reliance) in coal<\/em>\u201d<\/strong>, the Union Minister of Coal and Mines, Shri G Kishan Reddy will launch the 10<sup>th<\/sup>\u00a0round of Commercial Coal Block Auctions during the next week.\u00a0 The minister has directed that complete transparency and revenue maximization should be ensured.<\/p>\n<p style=\"text-align: justify;\">During 10<sup>th<\/sup>\u00a0round of auction, about 62 blocks are likely to be offered without end user restrictions.\u00a0 Coal produced from these commercial blocks is permitted to be sold by the allocattee in free market.<\/p>\n<p style=\"text-align: justify;\">Commercial coal block auction was launched by the Prime Minister in June, 2020.\u00a0 Since then, during last 9 rounds, Ministry of Coal has successfully auctioned 107 coal blocks with 256 MT peak rated capacity.<\/p>\n<p style=\"text-align: justify;\">So far, 11 commercial coal blocks have been operationalized.\u00a0 During last year 17.5 MT coal was produced from commercial blocks.<\/p>\n<p style=\"text-align: justify;\">The ministry of Coal has developed coal block portal on PM Gatishakti National Master Plan, to facilitate proper visibility of geographical features for bidders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aligning with the vision of Prime Minister Shri Narendra Modi for attaining energy independence by 2047 and to ensure\u00a0\u201cAtma-Nirbharta (self-reliance) in coal\u201d, the Union Minister of Coal and Mines, Shri G Kishan Reddy will launch the 10th\u00a0round of Commercial Coal Block Auctions during the next week.\u00a0 The minister has directed that complete transparency and revenue &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[4242,4240,4243,4241],"class_list":["post-7575","post","type-post","status-publish","format-standard","","category-national","tag-coal-block-allocation","tag-coal-block-auction-india","tag-coal-sector-reforms","tag-commercial-coal-mining"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coal Ministry to Launch 10th round of Commercial Coal Block Auction - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"Learn about the upcoming 10th round of commercial coal block auction by the Coal Ministry. 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