Indian gov't puts 38 coal blocks up for auction for commercial mining

Time:2020-09-07 11:34:53      Source:Xinhuanet.com

India's federal coal ministry Thursday said it has amended the list of mines to be auctioned for commercial mining.

As per the revised order, 38 blocks would be auctioned instead of previously announced 41.

The revision in the list includes the addition of three blocks Dolesara, Jarekela and Jharpalam-Tangarghat (in Chhattisgarh) and withdrawal of five blocks Morga South, Fatehpur, Madanpur (North), Morga-II and Sayang (in Chhattisgarh).

"Therefore, 38 coal mines are offered for auction for commercial mining under 11th Tranche of Auction under Coal Mines (Special Provisions) Act, 2015 and 1st Tranche of Auction under Mines and Minerals Development Regulation (MMDR) Act, 1957," a statement issued by the coal ministry said.

The ministry, however, has not provided any reason for the revision in the auctioning.

Index RMB/t DoD Basis Date
Datong 5500 700 0 ex-mine 05-04
Shuozhou 5200 680 0 FOR 05-04
Ordos 5500 700 0 ex-mine 05-04
Yulin 6200 780 0 ex-mine 05-04
Liulin Low-sulphur 900 0 ex-mine 05-04
Gujiao Low-sulphur 1770 -50 FOR 05-04
Xingtai Low-sulphur 2360 0 ex-Factory 05-04
Yangquan PCI 1280 -30 FOR 05-04
Index RMB/t WoW WoW% Date
Qinhuangdao 507.0 1.0 0.20 05-04
Caofeidian 541.0 9.0 1.69 05-04
Huanghua 216.9 12.4 6.06 05-04
Guangzhou 291.2 3.0 1.04 04-27
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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