Tag: Auction of Lignite Blocks
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India: Only two bids seen for lignite mines’ sale under commercial mining auctions
The Ministry of Coal (MoC) has received a tepid response in its attempt to sell lignite mines under the commercial mining auctions based on revenue sharing mechanism. This was the first time lignite mines were introduced in these auctions. In the technical round, a single bid was received each for Riri and Nagurda East lignite…