Coal news and updates

Chattishgarh rolls out e-auction for mineral blocks

Chattishgarh has rolled out e-auction process for nine new mineral blocks of lime stone, iron-ore and bauxite, according information available from a pre-bid conference.

The auction includes four high quality limestone blocks, two iron-ore blocks and three bauxite blocks. 

The limestone blocks are situated in Balodabazar, Surajpur, and Balrampur districts has average calcium oxide content of over 42 percent and have a cumulative reserve of over 200 million tons reserve, which could support 3-4 million tons per annum (mtpa) of cement/clinker plant.

These blocks are situated near cement plants and has good connectivity via rail and road and has the potential to generate Rs 1,600 crore and create 3,000 jobs.

Further, the iron-ore blocks are situated in Khairagarh-Chhuikhadan-Gandai and three bauxite blocks in Mainpat and Surguja.