Tag: Third Tranche of Commercial Coal Mining

India: Bid prices rise sharply on last day of third tranche of coal block auctions

Feb 12, 2022

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by

Abdul Sayeed

in Non Coking

The third tranche of the commercial coal block auctions has drawn to a close with the sale of the Namchik Namphuk block in Arunachal Pradesh finally getting concluded following an extended round of bidding. Notably, auction for the block started on 10 Feb’22 at a floor price of 38% but was extended to 11 Feb…