Hyderabad: In a significant move to enhance domestic coal production and ensure energy security for the nation, the Ministry of Coal (MoC) launched the next tranche of coal block auctions here on Friday.
This initiative is poised to foster transparency, competitiveness and sustainability within the coal sector. The MoC has created a Single Window Clearance System (SWCS) portal to streamline obtaining clearances for coal mines and boost coal production through a single gateway, supporting progress and resilience in the sector.
Minister of State for Coal and Mines Satish Chandra Dubey, Deputy Chief Minister of Telangana Mallu Bhatti Vikramarka and Secretary, Ministry of Coal Amrit Lal Meena will be present on the occasion.
The 10th round of commercial coal mining auctions includes 60 coal blocks, encompassing a diverse range of coking and non-coking coal mines. Strategically located across different States and regions, these blocks will support regional economic development and employment generation.
The launch of this auction tranche represented a pivotal moment in the mission to achieve self-reliance in the coal sector. By opening up more blocks for transparent and competitive bidding, the Central government unlocked India's vast coal reserves to drive economic growth and energy security.
The Centre is committed to sustainable mining practices that balance economic development with environmental stewardship.
The auctions in the wake of previous successful auctions signify the Ministry’s unwavering commitment to propel the sector forward. A total of 60 coal mines were offered for auction. Among these, 24 coal mines are fully explored, while 36 are partially explored.
