India: Bids for fourth tranche of commercial mining auctions to begin from 31 March

The financial round of bidding for sale of coal blocks envisaged under the third tranche of auctions will commence from 31 Mar’22. For this round, only 5 coal blocks have qualified which will be auctioned in a two-day event. Four of these blocks will be sold on the first day itself. The final day is reserved for Gare Palma IV/6 block for which a total of 8 bidders are in contention.


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