GUWAHATI: Two coal mines from Assam have been auctioned for commercial mining by the Central Government. The two coal mines from Assam that were auctioned are Koilajan and Garampani.
Koilajan has an estimated geological reserve of 0.058 metric tonnes, whereas Garamapani has 0.468 metric tonnes, a Government release says.
The annual revenue projected, based on the PRC (Peak Rate Capacity) for Koilajan is Rs 2.54 crore and Rs 35.90 crore for Garampani. Both the mines have gone to the Assam Mineral Development Corporation Limited.
The coal mine of Namchik Namphuk from Arunachal Pradesh has also been auctioned for commercial mining.
The Ministry of Coal had launched the auction of coal mines for commercial mining under 13th Tranche of CMSP Act and 3rd Tranche of MMDR Act on October 12, 2021.
During the e-auction, cumulatively 10 coal mines were put up for auction of which six coal mines were CMSP (Coal Mines Special Provision) coal mines and remaining four were MMDR (Mines and Minerals, Development & Regulation) coal mines. The total geological reserves for these mines are 1,716.211 Million Tonnes. Cumulative PRC for these coal mines is 22.014 MTPA (Million Tonnes Per Annum).