India, Aug. 5 -- The Ministry of Coal has successfully auctioned six coal blocks under the 15th round and the second attempt of the 13th round of commercial coal mine auctions. Of the six blocks, four are fully explored while two are partially explored, with a combined geological reserve of around 1,503.93 million tonnes and a cumulative Peak Rated Capacity (PRC) of 11.62 million tonnes per annum (MTPA).
The auctioned mines are expected to generate annual revenue of approximately Rs 1,983.67 crore, attract capital investment of around Rs 1,743 crore, and create nearly 15,710 employment opportunities.
Since the launch of commercial coal mining in 2020, the government has successfully auctioned 147 coal blocks with a combined production cap...