Government successfully bids out 29 coal blocks for commercial mining

The 29 coal blocks which have been successfully bid out for commercial mining by the government are expected to enhance the average dry fuel output by an additional 7 per cent in the next two years, as the combined peak rated capacity (PRC) of these reserves is around 91 million tonnes.

The 91 million tonnes PRC of 29 coal blocks which have been bid out, would be an additional 7 per cent of the present national average PRC of coal reserves, sources said.

The Coal Ministry had put up 29 reserves on auction for commercial mining last month, all of which have been bid out, sources informed. The last of the 29 mines was bid out successfully earlier in the day, they added.