Coal Ministry Conducts E-Auction of Eight Mines Including Two From Odisha Under Commercial Coal Mining Auction

Bhubaneswar: The Ministry of Coal, Government of India, has conducted e-auction of eight coal mines today. Five of the coal mines are fully explored and three mines are partially explored mines.

The total geological reserves for these eight coal mines are 2157.48 Million Tonnes (MT). The Cumulative Peak Rate Capacity (PRC) for these coal mines is 19.31 million ton per annum.The auctioned Coal Mines also include two coal mines from Odisha –Rampia and Dip Side of Rampia that have geological reserves of 1179.41 MT. Jhar Mineral Resources Private Limited was the highest bidder for these two mines.