- Response: 49 bids received for 24 of 41 coal blocks
- Qualified bidders to move to e-auction on the MSTC portal
The Nominated Authority under the Ministry of Coal opened bids on 23 December for the 14th round of auctions of commercial coal blocks, recording encouraging participation from industry stakeholders. Of the 41 coal blocks offered in this round, bids were received for 24 blocks, indicating sustained industry interest in India’s commercial coal mining framework. In total, 49 bids were submitted for these 24 coal blocks.
Overall, 11 companies participated in the auction process, including five new entrants bidding for the first time under the commercial coal mining regime. The participation of new companies reflects growing confidence in the policy framework and highlights expanding opportunities within India’s coal sector, which continues to play a critical role in supporting economic growth and energy security.
The bids will now be examined by a multi-disciplinary Technical Evaluation Committee, after which technically qualified bidders will be shortlisted for participation in the electronic auction to be conducted on the MSTC portal. The continued response to commercial coal block auctions underscores the coal sector’s importance in strengthening industrial growth, and ensuring energy security.
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