Private Production Begans in 6 Coal Mines

  • Under the Commercial Coal Mine Auction launched by the Ministry of Coal three years ago.
  • 91 mines have been successfully auctioned so far.
  • Of these allocated mines, six commercial mines started coal production.
  • Another three are likely to start production in a couple of months.
  • On coal/lignite-bearing states of Jharkhand, Chhattisgarh, Madhya Pradesh and Telangana.
  • Under the 9th tranche of the auction.
  • Estimated annual revenue: Rs. 33,343 Crore.
  • Aggregated Peak Rate Capacity: 220.90 million tonnes per annum (MTPA).
  • Will generate employment for around 3 lakh persons, directly and indirectly.
  • Entire revenue from the auctions would be allocated to the coal-bearing States of Jharkhand, Chhattisgarh, Odisha, Madhya Pradesh, Maharashtra, West Bengal, Andhra Pradesh, Telangana, Arunachal Pradesh, Bihar and Assam.
Posted in Current Affairs.