📷 Image: Wikimedia Commons / Pankaj Oudhia
Business
Chhattisgarh Auctions 65 Mineral Blocks to Boost Mining Sector
✍️ ET EnergyWorld
🗓 01 Sep 2026, 03:48 PM
👁 5
The Chhattisgarh state government auctioned 65 mineral blocks, aiming to attract investment in the mining sector, ET EnergyWorld reported.
The state of Chhattisgarh conducted an auction of 65 mineral blocks, as reported by ET EnergyWorld. The auction was organised by the state’s mining department to allocate rights for exploration and extraction to interested parties.
Chhattisgarh, known for its rich deposits of coal, limestone, bauxite and other minerals, regularly conducts such allocations to stimulate the mining industry and generate revenue. This round of 65 blocks adds to the state’s ongoing efforts to modernise its resource management framework.
Industry observers expect the auction to draw both domestic and foreign investors, potentially leading to new mining projects and associated employment opportunities. The proceeds from the auction will contribute to the state’s fiscal resources, supporting infrastructure and development initiatives.
The government has indicated that the allocation process followed standard guidelines, with bids evaluated on financial and technical merit. Successful bidders will now move to the next phase of obtaining clearances before commencing operations.
Chhattisgarh, known for its rich deposits of coal, limestone, bauxite and other minerals, regularly conducts such allocations to stimulate the mining industry and generate revenue. This round of 65 blocks adds to the state’s ongoing efforts to modernise its resource management framework.
Industry observers expect the auction to draw both domestic and foreign investors, potentially leading to new mining projects and associated employment opportunities. The proceeds from the auction will contribute to the state’s fiscal resources, supporting infrastructure and development initiatives.
The government has indicated that the allocation process followed standard guidelines, with bids evaluated on financial and technical merit. Successful bidders will now move to the next phase of obtaining clearances before commencing operations.