Coal Auctions: 11th Round To Be Held On Dec. 5 For 27 Blocks

The government will launch the 11th round of commercial auctions of coal on Dec. 5, with a total of 27 blocks across India open for bidding. This will include 10 fully explored and 10 partially explored blocks, the Ministry of Coal said on Wednesday.

Additionally, seven coal mines from the second attempt of round 10 will also be available, comprising four fully explored and three partially explored blocks. All these mines contain non-coking coal, supporting India's growing energy demands.

Furthermore, during the event, the government will execute Coal Mine Development and Production Agreements and Coal Block Development and Production Agreements for nine coal mines.

These mines are projected to generate annual revenue of approximately Rs 1,446 crores at peak-rated capacity and create around 19,063 employment opportunities. Additionally, CBDPs will be handed over to the successful bidders of the 10th tranche conducted in June, the statement said.