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Commodity Market, Commodities News Today | The HinduBusinessLine

India could limit sulphur exports as supplies tighten, sources say India turns to US, Oman, Nigeria for LNG imports in March as Qatar, UAE supplies dry up China resumes buying broken rice from India Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Indian LNG importers scoop up spot shipments after prices recede Limelight Lab Grown Diamonds targets tier 2-cities with 25 stores in Q1 Crude oil futures edge up despite hopes of US-Iran ceasefire extension ‘Iran war oil shock as disruptive as Covid’ Iran war brings US close to net crude exporter for first time since World War II NAAS suggests govt to consider one-time licensing for imported horticulture hybrids India targets cocoa self-sufficiency by 2040 with national mission and reforms Why is Gold rate surges past $4,850 & Silver crossing $80? Crude unlikely to return to pre-war levels soon; India's import bill may rise $70 billion annually: Report US shuts down Iran’s maritime trade despite optimism for more talks Brent crude edges up ahead of fresh US-Iran talks Global fertilizer supply crunch tightens farm economics Crude oil prices fall for a second day on expectations US-Iran talks may resume Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Russian crude oil imports rebound in March as PSU refiners lift record volumes Oil prices hit record high in March as refiners try to replace West Asian grades: IEA India’s gems and jewellery exports plunge 35% in March on weak demand Inflows into gold ETFs turn positive in past fortnight India’s Russian oil imports surge to €5.3 billion in March on higher volumes Russia restricts helium exports as global supply tightens amid Middle East tensions India’s oil security under pressure as West Asia crisis exposes import dependence risks Fuel price freeze: ₹18/litre loss on petrol, ₹35 on diesel Iran oil hoard at sea shields China’s refiners from US blockade Oil declines as US, Iran weigh more talks; US blockade of shipping to and from Iranian ports in place IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy
Coal Ministry to launch 15th round of commercial mine auc...
By BL New Delhi Bureau · 2026-04-16 · via Commodity Market, Commodities News Today | The HinduBusinessLine
This round will offer a fresh set of fully explored and partially explored coal blocks, inviting participation from experienced miners, new entrants, and technology-driven enterprises alike.

This round will offer a fresh set of fully explored and partially explored coal blocks, inviting participation from experienced miners, new entrants, and technology-driven enterprises alike.

The Coal Ministry set to launch the 15th Round of Commercial Coal Mine Auctions, on April 17, 2026. 

The event will be held in Mumbai and will be graced by Vikram Dev Dutt Secretary, Ministry of Coal, as the Chief Guest. 

The initiative reflects the Ministry’s sustained commitment to supporting India’s growing energy needs and advancing the vision of a self-reliant nation, the Ministry said. 

Building on the resounding success of commercial coal mine auctions, the Ministry of Coal continues to strengthen India’s energy landscape with a renewed focus on growth, efficiency, and self-reliance. 

Since the launch of commercial coal mining in 2020i, the initiative has significantly enhanced domestic coal availability and reinforced the nation’s energy security.

The upcoming 15th round continues this progressive journey, offering coal mines under the most liberal terms to promote ease of doing business, attract diverse investments, and encourage wider industry participation. 

This round will offer a fresh set of fully explored and partially explored coal blocks, inviting participation from experienced miners, new entrants, and technology-driven enterprises alike.

 It is expected to further energise the coal sector by fostering a vibrant and competitive ecosystem, while paving the way for enhanced investments, employment generation, and overall sectoral growth, the Ministry emphasised.

In the last 13 Rounds of commercial coal mine auctions, a total of 136 blocks have been allotted to successful bidders. Of this, around 117 blocks have been won by the private sector.

Online bidding process

The auctions are conducted in a two-stage online bidding process, which involves technical screening and submission of competitive initial price offer in the first stage, and a second and final stage where better price offers are intended to be received.

The auctions assume importance in view of India’s rising consumption of the Dey fuel by the power sector and industries. The Coal Ministry has set a domestic production target of about 1.5 Billion Tonne (BT) by FY30.

Last year, the International Energy Agency (IEA) in its world energy employment report said that India’s push to expand commercial coal mining is leading to a “resurgence” in coal supply jobs with the workforce growing by 74,000 positions in 2024 with the trend likely to continue. 

Published on April 16, 2026