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A complete of 99 bids for 36 coal mines have been obtained by the Coal Ministry on Monday for the sixth spherical and second try of fifth spherical of business coal block auctions, which it had launched on November 3, 2022.
Monday was the final date for submission of technical bids for these rounds.
In response to official sources, for the sixth spherical, two or extra bids have been obtained for 25 coal mines, a single bid for seven mines, and 10 bids for 4 mines within the second try of the fifth spherical.
That is the largest response obtained for industrial coal mine auctions that was launched by the Prime Minister on June 18, 2020, sources knowledgeable.
The web bids obtained as a part of the public sale course of will open at 10 a.m. on Tuesday within the presence of bidders.
–IANS
ans/vd
(Solely the headline and movie of this report might have been reworked by the Enterprise Normal workers; the remainder of the content material is auto-generated from a syndicated feed.)
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