Tag: Karnataka Iron Ore e-auctions
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CEC Recommends SC on Setting Up of Alternate System for Iron Ore Sale in Karnataka
Central Empowered Committee (CEC)- Supreme Court appointed body has recommended the Apex Court to replace the current e-auction system of iron ore sale in Karnataka with an alternate system in order to bring more transparency. The alternate system will have provisions to enable the mineral producers and the steel makers to sign long term supply…