Rs2,779 cr revenues from 83 coal mines’ auction, allotment

The government has so far generated a revenue of approximately Rs 2,779 crore from the auction and allotment of 83 coal blocks, Parliament was informed on Monday.

“Till now, 83 coal mines have been allocated to private and public sector under the provisions of the Coal Mines (Special Provisions) Act 2015. So far, a revenue of Rs 2,779.36 crore (approx) has already been generated,” Minister of state for Coal, Power, New and Renewable Energy and Mines Piyush Goyal said in a reply to Rajya Sabha.