Page 56 - Policy Economic Report - August 2025
P. 56

POLICY AND ECONOMIC REPORT
             OIL & GAS MARKET

             This growth includes contributions from both established companies and new entrants, many of whom
             have adopted high-efficiency technologies and vertically integrated operations. The result is a diverse and
             competitive manufacturing landscape capable of meeting domestic needs and serving global markets. The
             crossing of the 100 GW solar module manufacturing capacity underscores the success of Indian solar PV
             manufacturing story, and the collective efforts of industry, various State governments, and the
             Government of India.

             Seven Coal Blocks Successfully Auctioned in 12th Round of Commercial Auctions

             The Ministry of Coal launched the 12th round of coal block auctions for commercial mining on March 27,
             2025. In the forward auctions, held from July 28 to July 31, 2025, a total of seven coal blocks has been
             successfully auctioned, comprising three fully explored and four partially explored coal blocks.

             These seven blocks hold a combined geological reserve of approximately 1,761.49 million tonnes. The
             cumulative Peak Rated Capacity (PRC) of these blocks stands at 5.25 MTPA (excluding partially explored
             coal blocks).

             The block-wise result for auctions held is as under:

             S.No.  Name of      State         PRC     Geological  Closing Bid   Reserve    Final  Coking /
             1      Block        Jharkhand     (MTPA)  Reserves    Submitted     Price      Offer  Non-
             2                   Jharkhand     3.45    (MT)        By            (%)        (%)    Coking
             3      Chitarpur    Chhattisgarh          237.44      Orissa Alloy  4.00       14.75  Non-
                    (Revised)                  NA                  Steel                           coking
             4                   Chhattisgarh  1.00    305.95      Private       4.00 7.00
                    Mahuagarhi                                     Limited       4.00 31.50        Non-
             5                                 0.80    78.46       Damodar                         coking
                    Rajgamar                                       Valley        4.00 31.50        Non-
             6      Dipside                            61.70       Corporation                     coking
                    (Deavnara)                                     TMC
                                                                   Mineral                         Non-
                    Rajgamar                                       Resources                       coking
                    Dipside                                        Private
                    (South of                                      Limited                         Non-
                    Phulakdih                                      Mivaan                          coking
                    Nala)                                          Steels
                    Cholapathar                                    Limited                         Non-
                                                                                                   coking
                    Phutamura    Jharkhand NA          25.00       Shakti        4.00 27.25
                                 Chhattisgarh NA       170.54      Bhumi
                                                                   Mining        4.00 65.25
                                                                   Private
                                                                   Limited
                                                                   Alom Solar
                                                                   Private
                                                                   Limited

August 2025                                                                                        Page | 55
   51   52   53   54   55   56   57   58   59   60   61