• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

Govt Successfully Bids Out 29 Coal Blocks For Commercial Mining

OMMCOM NEWS by OMMCOM NEWS
March 9, 2023
in Nation

New Delhi:  The 29 coal blocks which have been successfully bid out for commercial mining by the government are expected to enhance the average dry fuel output by an additional 7 per cent in the next two years, as the combined peak rated capacity (PRC) of these reserves is around 91 million tonnes.

The 91 million tonnes PRC of 29 coal blocks which have been bid out, would be an additional 7 per cent of the present national average PRC of coal reserves, sources said.

The Coal Ministry had put up 29 reserves on auction for commercial mining last month, all of which have been bid out, sources informed. The last of the 29 mines was bid out successfully earlier in the day, they added.

With all the 29 mines expected to begin production by 2024-25, i.e. by the next two years, the government is hoping that all these coal mines put together will enhance the overall national average output by an additional 7 per cent.

The ministry launched the auction of coal reserves for commercial mining in the sixth round and second attempt of fifth round on November 3, 2022.

Forward auctions for these mines had started on February 27.

PRC pertains to the maximum production capacity of a coal mine, or in other words, the maximum quantity of coal which can be mined from it annually.

Commercial mining allows the private sector to mine coal commercially without placing any end-use restrictions. Private firms will have the option of either gasification of the coal or exporting it. They can also use it in their own end-use plants or sell them in the markets.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Go After The Masterminds Of Teachers’ Scam: Judge To CBI

Next Post

Air India Express Suspends Flight Cabin Crew Member For Allegedly Smuggling Gold

Related Posts

Nation

Karnataka Congress Expels Minister Priyank Kharge’s Aide Held For Drug Peddling

July 14, 2025
Nation

MP: Digvijaya Singh Demands Judicial Inquiry Into Harda Incident

July 14, 2025
Nation

BSF Apprehends Smuggler Along Indo-Bangla Border; Seizes Silver Ornaments Worth Rs 16.49 Lakh

July 14, 2025
Nation

Sirsa Announces 20-Day Pollution Clearance For Green Industries In Delhi

July 14, 2025
Nation

Centre To Issue New Guidelines To Promote First-Time Exporters: Piyush Goyal

July 14, 2025
Lok Sabha
Nation

Lok Sabha Ushers In AI Era; Adopts Multilingual Access, Digital Attendance, Real-Time Transcriptions

July 14, 2025
Next Post

Air India Express Suspends Flight Cabin Crew Member For Allegedly Smuggling Gold

Maha Proposes Rs 547,450 Cr Budget With Huge Fiscal, Revenue Deficits

SOG Jawan Gets Injured In Accidental Firing During Training Session, Hospitalised

khimji
TPCODL
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.