Government puts 40 more coal mines on offer for auction

Twenty-six of these 40 mines would go to the power sector

Update: 2015-01-13 11:05 GMT
The government sold 10 per cent stake in CIL on Friday to raise Rs 22,577 crore(Representational Image)

New Delhi: The government has put 40 more coal mines up for auction and allotment.

Twenty-six of these 40 mines would go to the power sector.

As per the list, 23 mines are earmarked for auction, while 17 others including Tara East, Parsa East and Kanta Basan would be allotted directly.

The e-auction of the 23 coal mines will be held from the second week of February.

The auction process for 204 coal mines began last December through a re-promulgation of the coal ordinance.

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