No allocation of coal mines/blocks has been done through e-auction, previously. Coal mines, blocks of Schedule-II and Schedule-III coal mines have been put to auction as per the provisions of the coal mines (Special Provisions) second ordinance, 2014.

Piyush Goyal, minister of state (I/C) for power, coal & new and renewable energy in a written reply to a question in the Lok Sabha today. The auction of coal blocks is an ongoing process and so far biddingfor 33 coal mines/blocks has been completed.

The total estimated amount of revenue likely to be generated from 33 coal mines already auctioned is Rs 2097.40 billion. In addition, power fuel cost will reduce by approximately Rs 969.71 billion resulting in power tariff savings for consumers, the minister added.