New Delhi [India], April 2 (ANI): Jindal Steel and Power Limited (JSPL) has won three out of the five coal blocks auctioned in four states under the fourth tranche of the commercial auction by the central government, the Ministry of Coal said on Saturday. JSPL has won the bids for Utkal B1 & B2 coal blocks in Odisha. These two blocks have Geological Reserves of 347.08 Million Ton (MT). JSPL has also won the bids for Gare Palma IV/6 coal block in Chhatisgarh.
Twenty First Century Mining Private Limited has won the bid for Rabodih OCP coal blocks in Jharkhand and BS Ispat Limited has won the bid for Chinora mine in Maharashtra. All five coal mines are fully explored coal mines. The total geological reserves for these five coal mines are 665.08 MT.
The Ministry of Coal had launched the Notice Inviting Tender (NIT) for the auction of coal mines for commercial mining under the 14th Tranche of CM(SP) Act, 2015, and 4th Tranche of MMDR Act, 1957 on December 16, 2021. During the e-auction conducted on the MSTC platform on March 31st and April 1st, 2022, cumulatively five CMSP coal mines were put up for auction, according to an official statement released on Saturday. (ANI)
Coal production rises by 8.55 per cent to 777.23 million tonnes in 2022-23
New Delhi [India], April 1 (ANI): India’s coal production increased by 8.55 per cent to 777.23 Million Tonnes (MT) in the financial year ended March 31 as compared to 716 MT recorded in 2020-21, the government data showed on Friday.
Coal India Ltd (CIL) production has gone up by 4.43 per cent from 596.24 MT in 2020-21 to 622.64 MT during the financial year 2021-22, according to data released by the Ministry of Coal. Singareni Collieries Company Ltd (SCCL) with an increase of 28.55 per cent year-on-year growth produced 65.02 MT during 2021-22 compared to 50.58 MT the previous year. At the same time, coal production of captive mines has gone up to 89.57 MT with an increase of 29.47 per cent. During 2020-21 it was only 69.18 MT.
Total coal dispatch during 2021-22 rose to 818.04 MT as compared to 690.71 MT in the previous year, posting an increase of 18.43 per cent. Coal India Limited dispatched 661.85 MT coal in 2021-22 as compared to 573.80 MT in the previous year. (ANI)
