Tag: Coal Block Allocation
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India: Fifth tranche of commercial coal mining auctions sees lower bids
The Ministry of Coal (MoC) witnessed tepid response to sale of coal blocks marked under the fifth tranche of commercial mining — with bids fetched in the financial round being lower. The allotment process was carried out for eight coal blocks having combined reserves of 2,157.48 million tonnes (mnt). Of these, five are fully explored…