Government to Host Third Roadshow on Coal Mine Auctions in Gandhinagar This Monday

Synopsis

The Union Ministry of Coal is organizing a roadshow in Gandhinagar to promote coal mining and attract investment. Union Minister Satish Chandra Dubey will lead discussions on upcoming auctions and investment opportunities, highlighting government initiatives for enhancing coal production and energy security.

Key Takeaways

Government roadshow aims to boost coal mining investment.
Union Minister Satish Chandra Dubey will address stakeholders.
Focus on upcoming 12th round of coal mine auctions.
Participants will learn about coal block availability.
Discussions on sustainability and technology in coal sector.

New Delhi, March 2 (NationPress) In its continuous endeavor to promote commercial coal mining and entice private investment, the Union Ministry of Coal is set to organize a roadshow in Gandhinagar, Gujarat on Monday, focusing on the forthcoming auctions and investment avenues within the coal sector, as stated in an official announcement made on Sunday.

This event aims to unite industry players, prospective investors, and policymakers to boost private sector involvement in India’s coal mining.

The Union Minister of State for Coal and Mines, Satish Chandra Dubey, will be the chief guest at this occasion. He will be joined by Rupinder Brar, Additional Secretary of the Ministry of Coal, along with senior officials who will share insights regarding the auction process, investment landscape, and governmental initiatives propelling growth in the sector.

The Ministry of Coal has actively engaged with stakeholders through a series of roadshows to advocate for commercial coal mining.

This roadshow in Gandhinagar precedes the 12th round of commercial coal mine auctions, which are anticipated to begin in the second week of March. It follows successful earlier roadshows held in Kolkata and Mumbai, further solidifying the government's commitment to enhancing domestic coal production and securing energy stability.

The roadshow serves as a platform to showcase the government's initiatives aimed at boosting coal production, improving efficiency, offering policy support, and fostering self-reliance within the sector.

Attendees will acquire firsthand knowledge regarding the availability of coal blocks, investment prospects, and the ease of conducting business in India’s coal industry. Experts will also discuss advancements in coal technology, sustainability practices, and policy reforms designed to cultivate a transparent and competitive marketplace, according to the official statement.

The commercial coal mine auctions have played a pivotal role in unlocking the true potential of India’s coal reserves, attracting both domestic and international enterprises, and minimizing import reliance. With investor-friendly policies and technological innovations, the Ministry of Coal is devoted to ensuring a robust and sustainable coal sector that aligns with the nation’s energy security and economic growth objectives, the statement concluded.