Central government is set to launch the 10th round of commercial coal block auction, the Union coal ministry said in a statement on June 14.
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The new round of auction, which will be launched by newly-appointed coal minister G Kishan Reddy next week, will see 62 blocks on offer without end user curbs, the statement said.
The government allows coal produced from these blocks to be sold by the allocattee in free market.
The commercial coal auction was launched in June 2020 by Prime Minister Narendra Modi. So far, the coal ministry has auctioned 107 blocks with 256 MT peak rated capacity in 9 rounds.
Out of the total blocks auctioned, 11 have been operationalized and around 17.5 MT coal has been produced from these commercial blocks.
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The ministry has also developed a coal block portal on the PM Gatishakti National Master Plan to ensure that the bidders have all the required information related to geographical features of the blocks.
