e-Auctioning of Coal Blocks

piyush goyal
piyush goyal

Estimated revenue which would accrue to coal bearing state from the 29 Coal Mines auctioned so far during the life of mine/lease period is Rs. 1,93,512 Crores. This was stated by Sh. Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha. The details of successful bidders of coal blocks e-auctioned recently are as follows:

S.No.                 Name of Coal Block/Mine Successful Bidder
Schedule-II Mines
1. Tokisud North ESSAR POWER MP LIMITED
2. Amelia North Jaiprakash Power Ventures Limited
3. Talabira‐I GMR Chhattisgarh Energy Limited
4. Sarisatolli CESC Limited
5. Trans Damodar THE DURGAPUR PROJECTS LIMITED
6. Gare Palma IV‐4 HINDALCO INDUSTRIES LIMITED
7. Gare Palma IV‐5 HINDALCO INDUSTRIES LIMITED
8. Chotia BHARAT ALUMINIUM COMPANY LTD
9. Gare Palma IV‐7 Monnet Ispat& Energy Limited
10. Kathautia HINDALCO INDUSTRIES LIMITED
11. MarkiMangli III B.S. Ispat Limited
12. Belgaon Sunflag Iron and Steel Company Limited
13. Ardhagram OCL IRON AND STEEL LTD
14. Mandla North Jaiprakash Associates Limited
15. Bicharpur UltraTech Cement Limited
16. SialGhoghri RELIANCE CEMENT COMPANY PRIVATE LIMITED
Schedule-III Mines
1. Mandakini MANDAKINI EXPLORATION AND MINING LIMITED
2. Utkal ‐ C Monnet Power Company Ltd
3. Jitpur Adani Power Limited
4. Ganeshpur GMR Chhattisgarh Energy Limited
5. Moitra JSW STEEL LIMITED
6. Gare‐Palma Sector‐IV/8 AMBUJA CEMENTS LIMITED
7. Mandla‐South Jaypee Cement Corporation Limited
8. Nerad Malegaon INDRAJIT POWER PRIVATE LIMITED
9 & 10. Brinda and Sasai USHA MARTIN LIMITED
11. Meral Trimula Industries Limited
12. Dumri HINDALCO INDUSTRIES LIMITED
13. Lohari ARAANYA MINES PRIVATE LIMITED

The Minister further stated that the likely benefit to consumers in terms of reduction of electricity tariffs from 9 coal blocks auctioned for Power sector will be Rs. 69311 Crores approximately. In addition,an estimated amount of Rs. 1,41,854 Crores would accrue to coal bearing States from allotment of 38 coal mines to Central and State PSU’s over the life of mine/lease period.

IndianBureaucracy.com wishes the very best.

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