10 Firms Secure Coal Blocks in 11th Commercial Auction
26 Mar 2025
1 Min Read
CW Team
Ten companies, including Western Coalfields (WCL) and Jindal Steel and Power (JSPL), have secured coal blocks in the 11th round of commercial mine auctions conducted by the Coal Ministry.
A total of 12 mines were successfully auctioned on December 5, 2024, out of the 27 blocks offered. The winning bidders include Jharkhand Exploration and Mining Corporation, Rungta Sons, Jindal Power, New Era Cleantech Solution, and Innovative Mines and Minerals.
Key Auction Highlights
Geological reserves: 5,759.23 million tonnes
Peak Rated Capacity: 15.46 million tonnes per annum (excluding partially explored mines)
Average revenue share: 36.27%
Economic Impact
The newly auctioned mines are expected to generate ?3,330 crore in annual revenue and attract a capital investment of ?2,319 crore. They are also projected to create 20,902 jobs, boosting economic activity in coal-rich regions.
Since the launch of commercial coal mining in 2020, 125 mines have been auctioned, with a combined production capacity of 273.06 mtpa. Once fully operational, these mines will generate ?38,767 crore in annual revenue, attract ?40,960 crore in investments, and create 4.69 lakh jobs.
Coal Production Growth
India鈥檚 commercial coal production has surged, with FY25 production reaching 22.35 mt, marking a 78.14% growth over FY24鈥檚 12.55 mt. This expansion is set to enhance domestic coal output and strengthen India鈥檚 energy security.
Ten companies, including Western Coalfields (WCL) and Jindal Steel and Power (JSPL), have secured coal blocks in the 11th round of commercial mine auctions conducted by the Coal Ministry.
A total of 12 mines were successfully auctioned on December 5, 2024, out of the 27 blocks offered. The winning bidders include Jharkhand Exploration and Mining Corporation, Rungta Sons, Jindal Power, New Era Cleantech Solution, and Innovative Mines and Minerals.
Key Auction Highlights
Geological reserves: 5,759.23 million tonnes
Peak Rated Capacity: 15.46 million tonnes per annum (excluding partially explored mines)
Average revenue share: 36.27%
Economic Impact
The newly auctioned mines are expected to generate ?3,330 crore in annual revenue and attract a capital investment of ?2,319 crore. They are also projected to create 20,902 jobs, boosting economic activity in coal-rich regions.
Since the launch of commercial coal mining in 2020, 125 mines have been auctioned, with a combined production capacity of 273.06 mtpa. Once fully operational, these mines will generate ?38,767 crore in annual revenue, attract ?40,960 crore in investments, and create 4.69 lakh jobs.
Coal Production Growth
India鈥檚 commercial coal production has surged, with FY25 production reaching 22.35 mt, marking a 78.14% growth over FY24鈥檚 12.55 mt. This expansion is set to enhance domestic coal output and strengthen India鈥檚 energy security.
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