42 coal mines auctioned till date for commercial mining: Govt
The government on Saturday said that a total of 42 coal blocks have been auctioned till date for commercial mining.
Of the said blocks, 10 coal mines were auctioned this week under the third tranche, the coal ministry said in a statement.
“Under the commercial coal mining auction process, a total of 42 coal mines, including… mines auctioned in tranche-3, have been successfully auctioned till date with a total cumulative PRC (peak rate capacity) of 86.404 million tonnes per annum (MTPA),” the statement said.
The 10 blocks sold this week are projected to generate an annual revenue of Rs 2,858.20 crore, the ministry said. The “annual revenue projected (is) based on the PRC (peak rate capacity) of mine”, the ministry said.
