Tag: Reschedule of Timeline for Auction
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India: Coal ministry terminates allotment of Burakhap block
The Ministry of Coal (MoC) has cancelled the coal mine development and production agreement (CMPDA) issued for Burakhap coal block due to prolonged delays in execution of statutory payments. The Burakhap block, having geological reserve close to 10 mnt, was acquired by Shreesatya Mines Pvt Ltd (SMPL) at final price of 54.5% in the second…