Government to auction 40 more coal mines

NEW DELHI: Taking the auction process forward, the government has put 40 more coal mines on offer for auction and allotment, of which 26 blocks would go to the power sector.

As per the list, of the 40 mines, 23 mines that are close to production, have been earmarked for auction, while 17 others, including Tara East, Parsa East and Kanta Basan would be allotted directly.

The mines to be auctioned to power sector include DurgapurII/Taraimar and Durgapur II/Sariya, Utkal B1 and B2, Mandakini, Utkal C, Jitpur, Ganeshpur and Tara.Apart from this, 14 mines would be alloted to companies in iron and steel, cement besides captive power plants, which included Gare Palma IV/8, Marki-Mangli-IV, Dumri and Lohari blocks.