Insight
India’s sixth auction round revives the demand for commercial coal blocks
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
India launched the sixth round of commercial coal blocks auction in November 2022, which concluded on 9 March 2023. The auction process also offered blocks under the second attempt of the fifth round. The government offered 141 coal blocks under the auction, of which 29 were successfully allocated. The allocated blocks’ total geological resources stand at about 8.2 Bt. Of the 29 blocks, 18 are fully explored blocks with a peak rated capacity (PRC) of about 75 Mt. In this insight, we explore the following: • How successful was the auction round compared to the previous rounds? • Which consumer segment drove the success of the round? • Reform measures to make the round more appealing. • Significance of the round to boost India’s coking coal output • The anticipated role of commercial coal mining in meeting India’s coal demand.
Table of contents
- Executive summary
- The sixth auction round received an unprecedented response
- Round 6 bags the highest average revenue share offer among all the auction rounds
- Robust participation by captive players revitalises the demand for commercial coal blocks
- Commercial coal mining will play a vital role in augmenting domestic coal output
Tables and charts
This report includes the following images and tables:
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Coal blocks allocated under various roundsCumulative geological resource by roundsAverage revenue share offered in the auctions
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Resource allocation by statesDistribution of auctioned blocks by user typeProjected share of commercial and captive mining in meeting India’s coal demand
What's included
This report contains:
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