The Coal Ministry has successfully auctioned ten Coal Mines of Five States in the latest effort. In a statement the Ministry said, combined Coal Reserves are likely to be over one thousand 716 Million Tonnes. Forty-two Mines have been auctioned So far Under commercial coal mine auctioning.

Ministry of Coal had launched the auction of coal mines for commercial mining under the 13th Tranche of Coal Mines (Special Provisions) Act CMSP Act and 3rd Tranche of Mines and Minerals (Development and Regulation) Act MMDR Act on October 12 last year.

During the e-auction, cumulatively 10 coal mines were put up for auction of which six coal mines were CMSP coal mines and remaining four were MMDR coal mines. The Ministry said, nine coal mines are fully explored and one mine is partially explored.