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Informist, Thursday, May 29, 2025

 

MUMBAI – The nominated authority in the Ministry of Coal issued vesting orders for seven coal blocks under commercial coal block auctions Thursday, according to a press release from the ministry. The seven coal blocks are Dahegaon Makardhokra IV, Saradhapur Jalatap East, Banai and Bhalumunda, Sahapur East, Seregarha, and Vijay Central, according to the release.

 

Of the seven blocks, two are partially explored and five are fully explored, with a cumulative peak rated capacity of 13.07 million tonnes per annum and geological reserves of 5,063 million tonnes. The blocks are expected to generate a cumulative annual revenue of INR 13.27 billion and attract a capital investment of INR 24.55 billion, as per the release. The coal mine development and production agreements for these blocks were signed Mar. 27, the ministry said.

 

With the vesting orders issued for these seven blocks, vesting or allocation orders have been issued for a total of 116 coal blocks under commercial auctions, with a cumulative peak rated capacity of 261.203 million tonnes per annum. In total, they will generate an annual revenue of INR 370.00 billion, as per the release.

 

Western Coalfields Ltd., a subsidiary of Coal India Ltd., participated in the auction for the first time and secured one coal block.  End

 

Reported by Shreya Shetty

Edited by Rajeev Pai

 

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