Tag: Captive Blocks
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Lackluster Coal Production at Auctioned Blocks in India
The coal production scenario at the blocks awarded in 2014 is gloomy. According to a media report, coal production from the blocks had been very low; and the blocks awarded to the power sectors had produced nil. In the first ever E-auction in 2014, 34 coal blocks were awarded to private companies. However, the production…