The central government has announced the successful auction of seven coal blocks in the 12th round of commercial mining auctions. 

These blocks, comprising a mix of fully and partially explored mines, are expected to generate approximately Rs 719.90 crore in annual revenue and attract a capital investment of around Rs 787.50 crore.

A key outcome of this auction is the potential for job creation, with an estimated 7,098 new employment opportunities. The auctions, which saw intense competition, are part of the government's ongoing efforts to enhance domestic coal production and move towards self-reliance in the energy sector. 

Since the launch of commercial coal mining in 2020, a total of 131 blocks have been successfully auctioned, collectively contributing to a substantial increase in production capacity and providing a significant boost to the economy.