Rajeev Chandrasekhar's official website - Member of Parliament

GOVERNMENT OF INDIA
Ministry of: Coal


RAJYA SABHA
UNSTARRED QUESTION NO 646
TO BE ANSWERED ON 27.07.2015

Revenue received from coal auction

646. SHRI RAJEEV CHANDRASEKHAR 

Will the Minister of COAL be pleased to state:-

(a) what is the total revenue received by Government from the recently concluded coal auction; 

(b) the details of expected annual revenue earned on account of such auctions during the next 30 years; and

(c) the details of annual revenue that the individual States would receive during the next 30 years, State-wise?

ANSWER
MINISTER OF STATE (I/C) FOR COAL, POWER, NEW & RENEWABLE ENERGY
(SHRI PIYUSH GOYAL)

(a) State wise details of the Coal Mines already auctioned along with the first installment of upfront amount received and payable to coal bearing states concerned are given in the Table below.

Sl. No.

State

Name of Coal Mine auctioned

1st instalment of upfront amount (in RS.)

1

Chattisgarh

Chotia

67476874

Gare Palma IV/4

55210195

Gare Palma IV/5

83206200

Gare Palma IV/7

124865245

Gare Palma IV/8

74025205

Chattisgarh Total

40,47,83,719

2

Jharkhand

Brinda and Sasai

38617805

Dumri

61498499

Ganeshpur

438888105

Jitpur

136041205

Kathautia

273874334

Lohari

14370825

Meral

23896509

Moitra

165629945

Tokisud North

351622963

Jharkhand Total

1,50,44,40,190

3

Madhya Pradesh

Amelia North

426647607

Bicharpur

45884393

Mandla North

102443717

Mandla South

16105505

SialGhoghri

19949354

Madhya Pradesh Total

61,10,30,576

4

Maharashtra

Belgaon

19747039

MarkiMangli III

13930162

Nerad Malegaon

21926204

Maharashtra Total

5,56,03,405

5

Odisha

Talabira - I

125153256

Utkal C

**

Mandakini

**

Odisha Total

12,51,53,256

6

West Bengal

Ardhagram

25557181

Sarisatolli

617137021

Trans Damodar

74167452

West Bengal total

71,68,61,654

Grand Total

3,41,78,72,800

* Successful bidder has been appointed as Designated Custodian due to a court case.

** Successful bidders have filed court case and not submitted Upfront Amount yet.

 

In addition, the first installment of upfront payment received and payable to coal bearing states concerned from allotment of 38 coal mines to various Central/State PSUs is Rs. 6,87,99,36,182.

(b) & (c) State-wise details of estimated revenue which would accrue to coal bearing states from the 29 auctioned and 38 allotted coal mines during the life of mine/lease period as given below:

Sl. No.

State

Estimated Revenue during the life of mine/lease period (Rs. In Crore)

Auction

Allotment

Total

1

Chattisgarh

51597

59396

1,10,993

2

Jharkhand

49273

60552

1,09,825

3

Madhya Pradesh

42811

0

42,811

4

Maharashtra

2739

2813

5,552

5

Odisha

33742

11888

45,630

6

West Bengal

13354

5958

19,312

7

Telengana

0

1247

1,247

Grand Total

1,93,516

1,41,854

3,35,370

 

Annual revenues are dependent on amount of coal extracted.