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Press Information Bureau <br />Government of India<br />Ministry of Coal<br /><span style='float:right;font-size:80%;font-weight:lighter'>13 DEC 2019 8:02PM by PIB Delhi</span>
Six coal mines are under consideration for allotment.

The Ministry of Coal had initiated the auction process for 27 coal mines under tranches 8, 9 and 10 for non-regulated sector and the allotment process for 15 coal mines under tranches 6, 7, 8 and 9 for various specified end-uses i.e. Power, Sale of Coal and Iron & Steel.

In the auction process, the successful bidders for all the mines except Gare Palma IV-1 have been recommended by the Central Government as detailed below:

S. No

Name of Coal Mine

State

Success Bidder

PRC (Mtpa)

Final Price (Rs./tonne)

Revenue for 30 years* (RsCrore)

1

Bikram

Madhya Pradesh

Birla Corporation Limited

0.36

154

 166.32

2

Brahampuri

Madhya Pradesh

Birla Corporation Limited

0.36

156

 168.48

3

Bhaskarpara

Chhattisgarh

Prakash Industries Limited

1.00

1100

 3,300.00

4

Jagannathpur B

West Bengal

Powerplus Traders Private Limited

0.80

185

 444.00

5

Jamkhani

Odisha

Vedanta Limited

2.60

1674

 13,057.20

*excluding royalties, levies, and applicable taxes

In the Allotment process, applications were received in case of 6 out of 15 coal mines. On the basis of the evaluation of the applications, received in the allotment processes, these 6 coal mines are under consideration for allotment.

S. No.

Name of Coal Mine

End Use

Extractable Reserves (Mt)

1-2

Durgapur II Taraimar/ Durgapur II Sariya

Power

207.15

3

Mandakini

Power

287.89

4

Utkal C

Power

123.86

5

Sugia Closed Mine

Sale of Coal

2.06

6

Tokisud North

Sale of Coal

51.97

*excluding royalties, levies, and applicable taxes

These mines will add more than 5MT coal per annum and boost the coal production in the country and reduce the dependence of industries on imported coal. This will also generate about Rs. 15,000 Crores revenue for State Governments where the mines are located besides royalties and other applicable taxes.

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SP