Govt revises timeline of second tranche of coal mine auctions

Govt revises timeline of second tranche of coal mine auctions

The coal ministry on Tuesday introduced revision within the timeline of the second tranche of auctions for industrial mining.

In a press release, the ministry stated the final date for registration of bidders and sale of tender paperwork on the MSTC web site and the bid due date have been revised.

The final date for submission of bids has been prolonged to July 8, 2021.

The revised timeline will probably be uploaded on the MSTC web site, it added.

The federal government had in March supplied 67 coal mines on the market, launching the second tranche of business coal mining auctions and termed it a step in direction of ‘Aatmanirbhar Bharat’.

That is the best variety of mines on provide in a selected tranche after graduation of the public sale regime in 2014.

Of the overall 38 coal blocks supplied within the first spherical of auctions for industrial coal mining, the federal government efficiently auctioned 20 mines.

(Solely the headline and film of this report might have been reworked by the Enterprise Customary workers; the remainder of the content material is auto-generated from a syndicated feed.)

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