Overview

• The Ministry of Coal auctioned seven blocks across Jharkhand and Chhattisgarh, including three fully explored and four partially explored sites.
• The blocks hold 1,761.49 million tonnes of geological reserves and offer a peak rated capacity of 5.25 MTPA.
• Competitive bidding delivered an average revenue share of 26.70 percent, significantly above the 4 percent reserve price.
• Winners plan to generate Rs 719.90 crore in annual royalties, attract Rs 787.50 crore in capital investment, create 7,098 jobs.
• Since 2020, the auction framework has awarded 131 coal blocks totalling 277.31 MTPA, attracting Rs 41,597 crore in capital investments, generating Rs 39,359 crore in expected annual revenue and creating nearly 375,000 jobs.