The Coal Ministry will hold the 9th round of Commercial Coal Mine Auctions tomorrow. The Ministry said a total of 26 coal mines will be offered in the upcoming round. It added that the auctions would enhance the participation of more private players in the coal sector, fostering competition, efficiency, innovation and contributing to sustainable development.
The Ministry informed that the eligibility criteria have been eliminated to remove any technical or financial barriers to participation with no restrictions on the sale or utilisation of
coal.
The Ministry will also organise the Star Rating Awards ceremony to recognise the performance of Coal and Lignite mines on the same day. The Ministry said that the criteria for the awards will be across seven comprehensive modules such as Mining Operations, Environmental factors, Adoption of Technologies-Best Mining Practices, and Safety and Security. Coal Minister Pralhad Joshi will attend the event as the Chief Guest along with Minister of State for Coal and Mines, Raosaheb Patil Danve as the Guest of Honour.