With nine successful rounds of coal blocks auction where 120 mines have been handed over to the private bidders for commercial mining since 2020, the government might come up with one more round of auction, before stoping the process.
The government feels there may not remain any more appetite for coal blocks in the country after the tenth round, an official told FE.
The coal ministry further projects coal production capacity from the captive-cum-commercial mines reaching 700 million tonnes. Combined with the target of 1 billion tonne output by Coal India by FY26, the cumulative coal output capacity of the country is close to 2 billion tonnes, the source said.
