Three coal blocks of Odisha up for auction on revenue sharing basis

BHUBANESWAR: The nominated authority of the Union Ministry of Coal on Monday launched a second attempt to auction 11 coal mines in the country including three from Odisha. Alaknanda coal block of Talcher coalfield in Angul, Burapahar block of Ib Valley coalfield in Sundargarh and Dip extension of Belpahar block of Ib Valley coalfield in Jharsuguda district are up for auction from Odisha. While the Burapahar block is fully explored with an estimated coal reserve of 547.88 million tonne (MT), the other two are partially explored. Belpahar block has the highest reserve of 2,500 MT of different grades of coal and Alakanada block has a fossil reserve of around 500 MT.