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Union Minister G Kishan Reddy to inaugurate 10th round of commercial coal auctions on Friday

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Press Releases 20 Jun 2024 11:23 AM IST PIB

Union Minister G Kishan Reddy will launch the tenth round of commercial coal auctions on Friday, with 60 mines up for grabs, according to a press release by the Ministry of Coal. The action will increase domestic coal production and guarantee the country's energy security.

According to the Ministry of Coal's statement, the blocks that will be put up for sale include both coking and non-coking coal mines. The Union Minister of Coal and Mines will begin the tenth round of commercial coal mining auctions in Hyderabad on June 21.

It said Minister of State for Coal and Mines Satish Chandra Dubey, Deputy Chief Minister of Telangana Mallu Bhatti Vikramarka, and Coal Secretary Amrit Lal Meena would attend the event.

"The upcoming auction round includes 60 coal blocks, encompassing a diverse range of coking and non-coking coal mines. Strategically located across different states/regions, these blocks will support regional economic development and employment generation," the ministry said.

Out of 60 coal mines, 24 are fully explored, while 36 are partially explored. Additionally, 5 coal mines are being offered under the 2nd attempt of round 9 of commercial coal auctions. The mines are spread over Bihar (3), Chhattisgarh (15), Jharkhand (6), Madhya Pradesh (15), Maharashtra (1), Odisha (16), Telangana (1) and West Bengal (3).