Srinagar, May 11 (JKNS): In a major push towards industrial expansion and mineral development in Jammu and Kashmir, the Ministry of Mines, Government of India, is set to launch the second tranche of limestone block auctions in Srinagar on May 12, with 12 mineral-rich blocks identified for transparent e-auctioning across multiple districts of the Union Territory.
Ministry of Mines, Government of India, is set to launch the second tranche of auction of limestone blocks in the Union Territory of Jammu & Kashmir on May 12, 2026, at Srinagar. Building upon the successful initiation of mineral block auctions in the UT, this marks another significant step towards unlocking the region’s mineral potential and strengthening its contribution towards the vision of Viksit Bharat and Aatmanirbhar Bharat.
Under Tranche II, the Ministry, in collaboration with the Government of Jammu & Kashmir, is offering 12 limestone blocks for auction. These blocks are located across the districts of Anantnag, Rajouri, and Poonch, and include both newly identified blocks as well as those being re-auctioned under second attempt, reflecting the Government’s commitment towards optimal resource utilization and sustained industry participation.
The launch event will be held at Srinagar and will be graced by Shri Piyush Goyal, Secretary, Ministry of Mines. Shri Ashwani Kumar, Additional Chief Secretary, Government of Jammu & Kashmir, along with senior officials from the Ministry of Mines and the Government of Jammu & Kashmir, will also be present during the event, highlighting the Centre and UT Government’s shared commitment towards accelerating mineral development, industrial growth, and inclusive economic progress in Jammu & Kashmir.
The blocks are broadly categorized 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 operationalization of these blocks is expected to generate significant revenue, create employment opportunities, strengthen industrial growth, and contribute towards the inclusive development of Jammu & Kashmir. (JKNS)