NEW DELHI: The 41 coal mines offered in the first round of auction by the government is estimated to generate employment for approximately 3 lakh people, informed the minister of Coal and Mines Pralhad Joshi in a written reply in Rajya Sabha on Monday.
In terms of revenue generation, the minister said, it is estimated that approximately Rs 20,578 crore would accrue to coal bearing state governments considering production at aggregated peak rate capacity level of approximately 226 MTPA.