India could auction 18 coal blocks

It will open nine tenders to private companies. 

The India government has invited tenders seeking bids for 18 captive coal blocks to non-power plants. Nine of them, representing reserves of up to 2 Gt, will be auctioned to private companies, while the other 9 blocks are to be auctioned to state-owned companies and account for reserves of around 1 Gt. Among the blocks for auction is the 342 Mt Dahegaon Dhapewada in Maharashtra, the 515 Mt Kunur in West Bengal Ranigunj and the 210 Mt Mahuamilan in Jharkhand. Some of the blocks may be directed toward supplying big power projects in Bihar, Chhattisgarh and Jharkhand.

This article was originally published by Enerdata.