S'abonner

Mining sector in India: Auction launched for 39 coal mines

India launches the eighth round of auctions for 39 coal mines, marking a turning point in domestic production and the attraction of private investment.

Share:

Inde: Aube Minière Commerciale

India is gearing up for a major transformation in the mining sector with the announcement by the Federal Ministry of Coal on November 13. Indeed, this eighth round of auctions for 39 commercial coal mines represents a key step in boosting domestic production and attracting private investment.

Objectives and Potential of New Mines

Of the 39 mines put up for auction, the explorers fully examined 14 and partially examined 21 others. In addition, four additional mines from a previous allocation are re-entering the competition. With Odisha leading the way in terms of the number of mines, followed by Jharkhand, West Bengal and Maharashtra, India is demonstrating its determination to meet the growing demand of the non-captive industry and reduce imports.

Impact on Industry and Imports

Since the introduction of commercial mining in 2020, 91 mines have been awarded, with a CRP of 221 million metric tons annually. In addition, this strategy aims to increase production and reduce dependence on imports in a sector traditionally dominated by state-owned enterprises.

Evolving award criteria

The Ministry of Coal emphasizes the absence of restrictions on the sale or use of coal, as well as the absence of technical or financial eligibility criteria for auctions. This opening is intended to stimulate interest and competition in the auctions, a response to previous rounds where lack of interest held back the award of many mines.
S&P Global Commodity Insights forecasts a significant increase in production with the commissioning of six new mines in fiscal 2023-24. Indeed, the long-term goal is to significantly increase annual coal production, with ambitious figures for 2027 and 2030.

India takes a major step forward in its mining sector with the auctioning of 39 coal mines. This initiative reflects not only a desire to increase domestic production and reduce imports, but also to open up the sector to increased competition and private investment. The move towards increased production and diversification of players in the sector could redefine the Indian and global energy landscape.

  • Populaires ​
Czech Republic hit by massive power outage disrupting the economy
Donald Trump significantly increases US tax credits for carbon capture
EDF postpones Calvados wind farm to 2027 due to faulty drilling tool
Gabon reactivates deep offshore blocks to stem oil decline
Egypt accelerates El-Dabaa national grid connection for 2026
Turkey’s Eren Energi seeks 375,000 tonnes of thermal coal before December
Turkish power producer Eren Energi Elektrik Uretim has launched a tender to buy 375,000 tonnes of thermal coal to be delivered in five shipments starting from August 2025, according to a document seen by Platts on June 27.
Ireland exits coal permanently with closure of Moneypoint power plant
Ireland ends four decades of coal-based electricity production by converting its Moneypoint power plant to heavy fuel oil, now exclusively reserved for the balancing market until 2029.
China’s Coal Imports Fall by 18%, Affected by Low Domestic Prices
China's coal imports dropped 18% in May, driven by historically low domestic prices and significant growth in national production, shifting the country's energy market dynamics.
India’s coal-fired electricity generation drops 9.5% in May, steepest decline in five years
India’s unprecedented drop in power demand led to a sharp decline in coal-based generation in May, while renewable energy output reached a record high.
China approves 11.29 GW of coal in Q1 despite unprecedented decline in 2024
Greenpeace data shows a renewed wave of coal projects in early 2025, as renewable capacity surpasses thermal energy for the first time.
Coal Lawsuit: BlackRock Warns on U.S. Energy Independence
Financial giant BlackRock highlights economic and strategic risks linked to an antitrust procedure backed by Washington, targeting major asset managers accused of conspiring to reduce coal production in the United States.
Adani Power invests $2bn in a 1,500 MW coal power plant in Uttar Pradesh
Adani Power will supply 1,500 MW to Uttar Pradesh through an ultra-supercritical coal power plant built under the DBFOO model, at a tariff of Rs 5.383 per unit.
Australian coal mines emit 40% more methane than reported, according to EMBER and KAYRROS
A satellite analysis led by Ember and Kayrros shows that methane emissions from Australian mines are 40% higher than official reports, revealing significant gaps in the current coal sector monitoring.
Trump signs executive orders to ease coal industry regulations
Donald Trump issues several executive orders aimed at reducing regulations on the U.S. coal industry, addressing economic expectations from coal-producing states while securing national energy supply.
Zambia and Zimbabwe restart coal-fired power plants despite global decline
Backed by Chinese funding, Zambia and Zimbabwe are reviving coal projects in contrast to international energy sector trends.
New coal-fired power plant additions fall to 20-year low
New coal-fired electricity capacity added in 2024 dropped to 44 GW, driven mainly by China and India, according to a report released on Thursday.
Finland: Helen ends coal use with closure of Salmisaari power plant
Finnish energy company Helen has halted operations at the Salmisaari plant, the country’s last coal facility, halving its carbon dioxide emissions in one year.
Glencore challenged over major discrepancies in methane emissions at Australian mine
An independent study suggests that the Hail Creek mine may emit up to eight times more methane than reported in Glencore's official disclosures.
Eskom adds 800 MW to South Africa’s grid with Kusile Unit 6
Eskom has connected Unit 6 of the Kusile coal-fired power station, adding 800 MW to the national grid amid efforts to stabilise electricity supply in South Africa.
India Proposes the Creation of a Coal Exchange for the Domestic Market
The Indian government presents a project to create a coal exchange for the domestic market, a measure aimed at improving transparency and regulating the local coal market.
The United States withdraws from energy transition plan with South Africa
The United States has announced its withdrawal from the Just Energy Transition Partnership with South Africa, thereby reducing the country’s international financial commitments in its gradual exit from coal.
Indonesia introduces a reference price to regulate its coal market from March 2025
Indonesia sets a floor price for coal to strengthen its control over domestic prices and influence international markets. This new strategy will take effect on March 1, 2025.
Indonesia: Growing Dependence on Coal Undermines Climate Commitments
Indonesia continues to strengthen its dependence on coal, jeopardizing its greenhouse gas emission reduction commitments. This paradox is highlighted in a recent report, emphasizing the tension between environmental goals and economic realities.
BHP Reports Strong Demand Despite Falling Mineral Prices
Australian mining giant BHP saw its net profit multiply fivefold, reaching $4.4 billion, despite an 8% drop in revenue. Sustained demand and signs of recovery in China strengthen its outlook.
China starts new coal plants, jeopardizing its climate goals
In 2024, China began building new coal power plants, a decision that threatens its goal of reaching peak carbon emissions by 2030, according to a report published by the Centre for Research on Energy and Clean Air (Crea) and Global Energy Monitor (GEM).

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING