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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Cabinet approves two multitracking projects across Indian Railways covering various states
June 11, 2025
QuoteThese initiatives will improve travel convenience, reduce logistic cost, decrease oil imports and contribute to lower CO2 emissions, supporting sustainable and efficient rail operations
QuoteThe total estimated cost of the projects is Rs 6,405 crore
QuoteThe projects will generate direct employment for about 108 lakh human-days during construction

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved Two projects of Ministry of Railways with total cost of Rs. 6,405 crore. These projects include:

1. Koderma – Barkakana Doubling (133 Kms) – The project section passes through a major coal producing area of Jharkhand. Furthermore, it serves as the shortest and more efficient rail link between Patna and Ranchi.

2. Ballari – Chikjajur Doubling (185 kms.) – The project line traverses through Ballari and Chitradurga districts of Karnataka and Anantapur district of Andhra Pradesh.

The increased line capacity will significantly enhance mobility, resulting in improved operational efficiency and service reliability for Indian Railways. These multi-tracking proposals are poised to streamline operations and alleviate congestion. The projects are in line with Prime Minister Shri Narendra Modiji’s Vision of a New India which will make people of the region “Atmanirbhar” by way of comprehensive development in the area which will enhance their employment/ self-employment opportunities.

The projects are result of PM-Gati Shakti National Master Plan for multi-modal connectivity which have been possible through integrated planning and will provide seamless connectivity for movement of people, goods and services.

The two projects covering seven Districts across the states of Jharkhand, Karnataka and Andhra Pradesh, will increase the existing network of Indian Railways by about 318 Kms.

The approved multi-tracking project will enhance connectivity to approx. 1,408 villages, which are having a population of about 28.19 lakh.

These are essential routes for transportation of commodities such as coal, iron ore, finished steel, cement, fertilizers, agriculture commodities, and Petroleum products etc. The capacity augmentation works will result in additional freight traffic of magnitude 49 MTPA (Million Tonnes Per Annum). The Railways being environment friendly and energy efficient mode of transportation, will help both in achieving climate goals and minimizing logistics cost of the country, reduce oil import (52 Crore Litres) and lower CO2 emissions (264 Crore Kg) which is equivalent to plantation of 11 Crore trees.