Jindal Steel and Power, Western Coalfields, and ten other companies have successfully acquired commercial coal mines in the 11th round of auctions. The auction, conducted by the Ministry of Coal, saw intense bidding for key mines, reinforcing the growing demand in India’s coal sector.
Major Mines and Geological Reserves
Twelve mines, including Jawardaha North, Dahegaon, Saradhapur Jalatap East, and Namchik East, were auctioned. These mines collectively hold an estimated 5,759.23 million tonnes (mt) of geological reserves. Their combined peak rated capacity (PRC) stands at 15.46 million tonnes per annum (MTPA), excluding partially explored mines.
Competitive Bidding and Revenue Impact
The auction recorded an impressive average revenue share of 36.27%, reflecting strong industry participation and confidence in the government’s transparent policies. Among the other winners were Pra Nuravi Coal Mining, Singhal Business, Jindal Power, and Mineware Advisors.
The newly auctioned mines are expected to generate an annual revenue of ₹3,330 crore and bring in ₹2,319 crore in capital investment. Additionally, these projects will create over 20,900 jobs, boosting employment in coal-producing regions.
Government’s Push for Coal Independence
The 11th auction round, launched on December 5, 2024, is part of India’s ongoing efforts to increase domestic coal production and reduce dependence on imports. Since the introduction of commercial mining in 2020, the government has auctioned 125 coal mines with a total production capacity of 273.06 million tonnes per year.
These mines are expected to generate ₹38,767 crore in annual revenue and attract a capital investment of ₹40,960 crore, creating nearly 4,69,170 jobs across the sector.
India’s Record Coal Production in FY25
India has achieved a historic milestone by producing over 1 billion tonnes of coal between April 2024 and March 20, 2025. This achievement strengthens India’s energy security and aligns with the government’s vision of self-reliance in coal production.
For more updates on India’s energy and coal sector, visit Ministry of Coal.
