Ministry of Coal to Launch Auction of Forty New Coal Mines Next Week
Auction Success to Give Further Fillip to Aatmanirbhar Bharat and Curtail Coal Imports
By PIB Delhi
The Ministry of Coal is to launch the next round of auction process for forty new coal mines for the sale of coal. Since the Ministry has entered into a rolling auction mechanism, the coal mines rolled over from the previous tranche will also be on offer. Union Minister of Coal, Mines, and Parliamentary Affairs Shri Pralhad Joshi will be the chief guest of the launch event to be held on 12th of this month in the Ministry.
The Ministry of Coal and the Government of India, under the leadership of Prime Minister Shri Narendra Modi, are on a continuous journey to reform the coal sector and unlock value for the nation’s economy. The success of these auctions will help in further strengthening the vision of an Aatmanirbhar Bharat as it will help reduce India’s coal imports and ensure energy security.