Ministry of Coal successfully launched the 13th Round of Commercial Coal Mine Auctions in New Delhi today. The ministry noted in an update that coal sector is emerging as a key champion of Atmanirbhar Bharat, with a transparent and inclusive auction system attracting new companies and junior mining firms, providing them fresh opportunities to enter the industry. With 134 mines auctioned across 12 rounds, attracting investments worth Rs 41,600 crore and generating over 3.5 lakh jobs, we are reshaping India?s energy landscape. The 13th Round introduces 14 coal blocks, further reducing reliance on imports and conserving foreign exchange. The transparent auction process has fostered healthy competition, compelling public sector undertakings (PSUs) to innovate and compete with private players, thereby enhancing operational efficiency and global competitiveness.
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