1. With a view to achieve atmanirbharata in the Coal sector, the Ministry of Coal in association with FICCI is launching the process for auction of 41 coal mines under the provisions of CM (SP) Act and MMDR Act. This auction process marks the beginning of opening of Indian coal sector for commercial mining. It will enable the country achieve self-sufficiency in meeting its energy needs and boost industrial development. The commencement of this auction process of coal mines for sale of coal is part of the series of announcements made by the Government of India under the Atmanirbhar Bharat Abhiyan. The event will take place virtually at 11 AM on 18th June, 2020. The event will be open to all to join virtually through various networks hosted by NIC, NeGD of MEiTY and FICCI.

Launch of the Auction Process

2. Hon’ble Prime Minister will grace the occasion by delivering an address during the launch of the auction process outlining his vision for the country to achieve atmanirbharata in mining sector which is the key source of input for many basic industries like Power, Steel, Aluminium, Sponge Iron etc. Shri PralhadJoshi  Hon‘ble,  Minister for Coal, Mines and Parliamentary Affairs will be present during the occasion.

3.This landmark step is expected to boost private participation which will increase production, induce competition, enhance productivity by facilitating use of latest equipment, technology and services through higher investments, pave way for sustainable mining and creation of avenues for more employment generation in the backward regions of the country. With the launch of commercial mining, India has unlocked the coal sector fully with opportunities for investors related to mining, power and clean coal sectors.

4. Shri Dr Sangeetha Reddy, President, FICCI, Mr Anil Agarwal, Chairman Vedanta Group, and MrN. Chandrasekharan, Chairman, Tata Sons will also speak during the event.

5. The event will be web telecast live and is expected to be attended by eminent industrialists, businessmen, banking professionals, mining industry entrepreneurs, diplomats, foreign delegations etc.

Key terms of the auction process

6. A two stage electronic auction process is being adopted for allocation of the coal mines. Details about the auction process including the bid documents with the model agreement, detailed timelines of the auction process, coal mines on offer can be accessed at https://cma.mstcauction.com/auctionhome/coalblock/index.jsp which is being hosted by MSTC Limited, the auction platform provider.

7. Benefits to the country:

  • Upon attainment of Peak Rated Capacity of production of 225 MT, these mines shall contribute about 15% of the country’s projected total coal production in 2025-26.
  • Employment generation for more than 2.8 lakhs people: Direct employment to approximately 70,000 people and indirect employment to approximately 210,000 people.
  • Expected to generate approximately Rs 33,000 crore of capital investment in the country over next 5-7 years.
  • These mines will contribute Rs 20,000 crores revenues annually to the state governments
  • 100 per cent FDI is likely to bring in international practices, latest technologies and mechanisation in mining operations.
  • Self-reliance with substitution of imports by independent thermal power plants and captive power plants resulting in saving of foreign currency.
  • Boost to the regulated and non-regulated sector by ensuring sustained coal stocks for industries with greater reliability.
  • Moving towards a free market structure with implementation of the National Coal Index.
  • Promoting the practice of efficient use of clean energy and reduce the scourge of environmental pollution with incentive to Coal Gasification & Liquefaction.
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Visit of Prime Minister to Ghana, Trinidad & Tobago, Argentina, Brazil, and Namibia (July 02 - 09)
June 27, 2025

Prime Minister Shri Narendra Modi will undertake a visit to Ghana from July 02-03, 2025. This will be Prime Minister’s first ever bilateral visit to Ghana. This Prime Ministerial visit from India to Ghana is taking place after three decades. During the visit, Prime Minister will hold talks with the President of Ghana to review the strong bilateral partnership and discuss further avenues to enhance it through economic, energy, and defence collaboration, and development cooperation partnership. This visit will reaffirm the shared commitment of the two countries to deepen bilateral ties and strengthen India’s engagement with the ECOWAS [Economic Community of West African States] and the African Union.

In the second leg of his visit, at the invitation of the Prime Minister of the Republic of Trinidad & Tobago, H.E. Kamla Persad-Bissessar, Prime Minister will pay an Official Visit to Trinidad & Tobago (T&T) from July 03 - 04, 2025. This will be his first visit to the country as Prime Minister and the first bilateral visit at the Prime Ministerial level to T&T since 1999. During the visit, Prime Minister will hold talks with the President of Trinidad & Tobago, H.E. Christine Carla Kangaloo, and Prime Minister H.E. Kamla Persad-Bissessar and discuss further strengthening of the India-Trinidad & Tobago relationship. Prime Minister is also expected to address a Joint Session of the Parliament of T&T. The visit of Prime Minister to T&T will impart fresh impetus to the deep-rooted and historical ties between the two countries.

In the third leg of his visit, at the invitation of the President of Republic of Argentina, H.E. Mr. Javier Milei, Prime Minister will travel to Argentina on an Official Visit from July 04-05, 2025. Prime Minister is scheduled to hold bilateral talks with President Milei to review ongoing cooperation and discuss ways to further enhance India-Argentina partnership in key areas including defence, agriculture, mining, oil and gas, renewable energy, trade and investment, and people-to-people ties. The bilateral visit of Prime Minister will further deepen the multifaceted Strategic Partnership between India and Argentina.

In the fourth leg of his visit, at the invitation of President of the Federative Republic of Brazil, H.E. Luiz Inacio Lula da Silva, Prime Minister will travel to Brazil from July 5-8, 2025 to attend the 17th BRICS Summit 2025 followed by a State Visit. This will be Prime Minister’s fourth visit to Brazil. The 17th BRICS Leaders’ Summit will be held in Rio de Janeiro. During the Summit, Prime Minister will exchange views on key global issues including reform of global governance, peace and security, strengthening multilateralism, responsible use of artificial intelligence, climate action, global health, economic and financial matters. Prime Minister is also likely to hold several bilateral meetings on the sidelines of the Summit. For the State Visit to Brazil, Prime Minister will travel to Brasilia where he will hold bilateral discussions with President Lula on the broadening of the Strategic Partnership between the two countries in areas of mutual interest, including trade, defence, energy, space, technology, agriculture, health and people to people linkages.

In the final leg of his visit, at the invitation of the President of the Republic of Namibia, H.E. Dr. Netumbo Nandi-Ndaitwah, Prime Minister will embark on a State Visit to Namibia on July 09, 2025. This will be the first visit of Prime Minister to Namibia, and the third ever Prime Ministerial visit from India to Namibia. During his visit, Prime Minister will hold bilateral talks with President Nandi-Ndaitwah. Prime Minister will also pay homage to the Founding Father and first President of Namibia, Late Dr. Sam Nujoma. He is also expected to deliver an address at the Parliament of Namibia. The visit of Prime Minister is a reiteration of India’s multi-faceted and deep-rooted historical ties with Namibia.