Coal news and updates

Tranche 12 commercial coal auction sees 14 bids for 2 UG mines

Ministry of Coal has received a total of 14 bids for 2 out of 6 underground coal blocks under Tranche 12 commercial coal blocks’ auction, according to an official release. Earlier, total of 38 bids were received against 8 coal blocks offered in the 12th round. Under 2nd Attempt of 11th round, a total of 3 coal blocks were put up for auction and 3 bids were received against 3 coal blocks with each blocks receiving 1 bid.