Coal Ministry to launch auction of 40 new coal mines

New Delhi: The Ministry of Coal will launch next round of auction process for forty new coal mines for sale of coal. Union Minister of Coal and Mines Pralhad Joshi will be the chief guest of the launch event to be held on 12th of October in the Ministry.

Since the Ministry has entered into a rolling auction mechanism, the coal mines rolled over from the previous tranche will also be on offer.



Ministry of Coal under the leadership of Prime Minister Narendra Modi is on a continuous journey to reform the coal sector and unlock value for the nation’s economy.

The success of these auctions will help in further strengthening the vision of an Aatmanirbhar Bharat as it will help reduce India’s coal imports and ensure energy security.