<h1>India Auctions 31 Coal Mines, Generating Rs. 196,698 Crores; Consumers to Benefit from Lower Electricity Tariffs.</h1> The Indian government has auctioned 31 coal mines under the Coal Mines (Special Provisions) Act, 2015, generating significant revenue for coal-bearing states through upfront payments, auction proceeds, and royalties. The total estimated revenue from these auctions is approximately Rs. 196,698 crores. Additionally, the allocation of 42 coal mines to central and state public sector undertakings is expected to yield Rs. 148,275 crores for these states. Consumers are likely to benefit from reduced electricity tariffs, estimated at Rs. 69,311 crores. The central government has collected over Rs. 1,398 crores from these auctions, with specific amounts allocated to states like Odisha.