November 06, 2024 05:25 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region
Coal Ministry to commence forward auction of commercial mines from Feb 27
Coal
Image Credit: Unsplash

Coal Ministry to commence forward auction of commercial mines from Feb 27

| @indiablooms | 22 Feb 2023, 08:56 pm

New Delhi/IBNS: The government will launch a forward auction of the mines which received more than one bid during the commercial coal mines auction in November last year.

“After completion of technical evaluation, 27 coal mines, which received more than one bid, will be put up for from Monday, February 27, 2023 onwards,” the Ministry of Coal said on Wednesday.

The Ministry of Coal had launched the 6th round and 2nd attempt of 5th round of commercial coal mines auction on November 03, 2022.

A total of 96 bids were received for 36 coal mines, including participation from many first-time bidders, the ministry said.

“To familiarize bidders with the auction process, mock E-auction will be conducted on Friday, February 24, 2023,” the ministry said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.