{"id":400834,"date":"2021-02-17T12:08:01","date_gmt":"2021-02-17T06:38:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=400834"},"modified":"2021-02-17T14:04:50","modified_gmt":"2021-02-17T08:34:50","slug":"commercial-mining-eleven-more-coal-mines-put-up-for-auction","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/commercial-mining-eleven-more-coal-mines-put-up-for-auction\/","title":{"rendered":"Commercial mining: Eleven more coal mines put up for auction"},"content":{"rendered":"<p>The Union coal ministry has added 11 new blocks to the list of mines planned to be offered for the second tranche of the commercial coal auctions. With the new additions, as many as 75 mines with reserves of about 38,000 million tonnes (MT) of the fuel, will tentatively be offered for commercial mining without any end-use restrictions. Out of the 3.4 lakh MT of total coal reserve in the country, state-run Coal India owns blocks with combined reserves of 60,000 MT.<\/p>\n<p>After the modest response from the investors in the first round of auction under the new commercial coal mining policy in November last year, the government has excluded mines falling in wildlife reserves and blocks in areas where there is more than 40% green cover to allay the fears regarding environmental norms. This would also be the second set of coal assets to be auctioned off through the new market-determined revenue share model that replaced the fixed fee\/tonne regime that had earlier turned off private investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union coal ministry has added 11 new blocks to the list of mines planned to be offered for the second tranche of the commercial coal auctions. With the new additions, as many as 75 mines with reserves of about 38,000 million tonnes (MT) of the fuel, will tentatively be offered for commercial mining without any end-use restrictions. Out of the 3.4 lakh MT of total coal reserve in the country, state-run Coal India owns blocks with combined reserves of 60,000 MT. After the modest response from the investors in the first round of auction under the new commercial coal [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[198,130,138],"tags":[],"class_list":["post-400834","post","type-post","status-publish","format-standard","hentry","category-coal-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=400834"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400834\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=400834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=400834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=400834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}