Tag: Coal Block Allocations
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India: Electronic round of commercial mining auctions’ 2nd tranche starts slow on Day 1
The financial bid round for the second tranche of commercial coal mining auctions commenced today with three coal blocks up for grabs on the first day itself. Similar to the lacklustre response seen in terms of participation, the auction started on a weak note as these blocks receive subdued floor price from the bidders. Incidentally,…