133 auctioned coal mines to create over 3.73L jobs
image for illustrative purpose
New Delhi: Parliament was informed on Wednesday that the Ministry of Coal has auctioned 133 coal mines in 12 rounds of auctions over the last five years which are expected to generate an annual revenue of Rs 38,710 crore with a capital investment of Rs41,407 crore and provide employment to 3,73,199 people.
Union Minister of Coal and Mines G. Kishan Reddy said in a written reply in Lok Sabha that the peak rated capacity of these mines was 276.04 million tonnes per annum (MTPA).
He further stated that under the revenue sharing model, a total of 32 abandoned mines have been identified so far.
Letters of acceptance have been issued for 28 mines having 39.28 million tonnes a year capacity while four mines are in re-tendering stage. Coal production has started in two mines -- PB Project of BCCL and Gopinathpur Project of ECL during FY 2025-26.
The minister said that the all India raw coal production target for the year 2025-26 is 1157 million tonnes (MT) out of which, the target of coal production of Coal India Ltd. (CIL) is 875 MT, for Singareni Collieries Co. Ltd (SCCL) is 72 MT, and that for captive, commercial and others is 210 MT.
