Day – 1 & Day-2 of Commercial Coal Mine Auction

New Delhi : The Ministry of Coal had launched the auction of coal mines for commercial mining under second attempt of 4th Tranche of CMSP Act & MMDR Act and 5th Tranche of CMSP Act & MMDR Act on March 30, 2022. On the 1st and 2nd day of the e-auction, cumulative 10 coal mines were put up for auction of which 5 coal mines were CMSP coal mines and 5 coal mines were MMDR coal mines. The details of the coal mines are as under: –

  • Seven coal mines are fully explored coal mines and 3 coal mines are partially explored coal mines
  • The total geological reserves for these 10 coal mines are 3,445.76 Million Tonnes.
  • Cumulative Peak Rate Capacity (PRC) for these coal mines is around 39.31 MTPA.

The results for Day 1 and Day 2 are as under:

S. No. Name of the Mine State PRC (mtpa) Geological Reserves (MT) Closing Bid Submitted by Reserve Price (%) Final Offer (%)
1 Sursa Chhattisgarh NA 72.55 Madhya Bharat Minerals Private Limited/333702 4.00 5.50
2 Dahegaon/Makardhokra-IV Maharashtra 1.61 121.00 Avassa Ferro Alloys Private Limited/332977 4.00 5.50
3 Basantpur Jharkhand NA 200.00 Gangaramchak Mining Private Limited/148095 4.00 5.00
4 Bandha North Madhya Pradesh NA 500.00 Jaiprakash Power Ventures Limited/64702 4.00 15.75
5 Marki Mangli-IV Maharashtra 0.20 3.42 Sobhagya Mercantile Limited/321854 4.00 6.00
6 Jitpur Jharkhand 2.50 81.10 Terri Mining Private Limited/327195 4.00 7.00
7-8 Rampia & Dip Side of Rampia Odisha 15.00 1179.41 Jhar Mineral Resources Private Limited/231029 4.50 9.50
9-10 Ghogharpalli & Its Dip Extension Odisha 20.00 1,288.28 Vedanta Limited/68522 4.00 23.00


Under the commercial coal mining auction process a total of 57 coal mines, including the above 10 coal mines auctioned in Second Attempt of Tranche-4 and Tranche-5, have been successfully auctioned till date with a total cumulative PRC of 140.75 MTPA.

With operationalization of these mines private sector will have a significant share in domestic coal production and dependency on imported coal will reduce. The commercial auctions will generate a huge revenue to the government treasury and will help in the social development of population surrounding the coal bearing areas.

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