Tag: Cancellation of Coal Block Allotment

India: Coal ministry terminates allotment of Kuyagudem-III block

Mar 14, 2023

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by

Abdul Sayeed

in Non Coking

The Ministry of Coal (MoC) has cancelled the allotment order of Kuyagudem-III block over delay in execution of statutory payments by the successful bidder. The block located in Telangana was acquired by Auro Coal Limited in the third tranche of commercial mining auctions. The geological reserve of the block is assessed at 120 mnt.