In a bid to increase domestic coal output, Centre to auction 60 coal blocks today

Quick Summary:

The Indian government, through the ministry of coal, is launching the 10th round of commercial coal block auctions to boost coal production.

Sixty blocks across states like Odisha, Chhattisgarh, and Madhya Pradesh will be auctioned.

This initiative aims to revive dormant mines, increase domestic coal supply, and attract private investment under revenue-sharing models, supporting economic growth and local livelihoods.

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Article Details

Author / Journalist: ANI

Category: EconomyBusiness

Markets: India

Topics: Union Ministry of Coal Peak rated capacity Private sector bidders Revenue sharing model Business news Mine opening permission Coal mines Coal production Commercial coal block auction

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-21 @ 14:55:03 (6 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 748 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21327069

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Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 17 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

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