Ministry of Mines to launch second tranche of auction of limestone blocks in J&K on May 12

The Ministry of Mines is set to launch the second tranche of auction of limestone blocks in the Union Territory of Jammu and Kashmir on Tuesday in Srinagar.

Building upon the successful initiation of mineral block auctions in the UT, this marks another significant step toward unlocking the region’s mineral potential and strengthening its contribution to the vision of Viksit Bharat and Aatmanirbhar Bharat, the Ministry said on Monday.

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Under Tranche II, the Ministry, in collaboration with the Government of Jammu and Kashmir, is offering 12 limestone blocks for auction.

These blocks are located across the districts of Anantnag, Rajouri, and Poonch. They include both newly-identified blocks and those being re-auctioned under a second attempt, reflecting the Government’s commitment to optimal resource utilization and sustained industry participation.

The launch event will be held in Srinagar and will be graced by Piyush Goyal, Secretary, Ministry of Mines.

Ashwani Kumar, Additional Chief Secretary, Government of Jammu and Kashmir, along with senior officials from the Ministry of Mines and the Government of Jammu and Kashmir, will also be present during the event, highlighting the Centre and UT Government’s shared commitment to accelerating mineral development, industrial growth, and inclusive economic progress in Jammu and Kashmir.

The blocks are broadly categorised under UNFC G3 and G4 stages of exploration, indicating promising geological potential with substantial industrial-grade limestone deposits.

These resources are critical for key sectors such as cement, construction, and infrastructure, and are expected to play an important role in supporting industrial growth and economic development in the region.

The auction is being conducted under the provisions of the Mines and Minerals (Development and Regulation) Act, 1957 and the Mineral (Auction) Rules, 2015 (as amended).

The process is designed to be transparent, competitive, and aligned with global best practices, with bidding conducted through a digital e-auction platform.

The Ministry of Mines remains committed to promoting scientific and sustainable mining practices.

The successful auction and operationalisation of these blocks is expected to generate significant revenue, create employment opportunities, strengthen industrial growth, and contribute to the inclusive development of Jammu and Kashmir.