Govt launches 16th coal auction with 25 blocks, six mines to generate Rs 1,984 crore annually
New Delhi, Sept. 17 -- The Ministry of Coal on Thursday launched the 16th round of commercial coal mine auctions, offering 25 coal blocks across nine coal-bearing states, while handing over Coal Mine Development and Production Agreements (CMDPAs) for six mines auctioned in earlier rounds.
The Ministry of Coal in an official statement on Thursday stated that the six mines, once operational, are expected to generate around Rs 1,984 crore in annual revenue, attract nearly Rs 1,743 crore in capital investment and create approximately 15,700 employment opportunities, the Ministry of Coal said in an official statement.
The 16th round of commercial coal mine auctions was launched in New Delhi by Minister of State for Coal and Mines Satish Chan...
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