Ranchi: Union Coal and Mines Minister Piyush Goyal here on Thursday said that the Central government plans to auction 30 mines in Jharkhand. He said the process is likely to start this fiscal.
“The auction will be in bauxite, gold, diamond, emeralds and iron ore,” Goyal said at the maiden Jharkhand Global Investors’ Summit in the state capital.
Asserting that the state has huge potential, Goyal said that Jharkhand can promote low-cost manufacturing because of availability of cheap power. He said the state can promote manufacturing of products related to renewal of energy sectors and production of silicon wafers requires a lot of cheap power.
“I would urge the state to set up a dedicated park for manufacturing of solar equipment,” the minister said.
Speaking on the sidelines of the event, Goyal said that NTPC Ltd�s Pakhri Barwadih coal mine was going to commence operations from today.
