Coal Ministry launches 11th round and 10th round rebid of coal mine auctions

The Ministry of Coal’s Nominated Authority has opened bids for the 11th round of commercial coal mine auctions, with strong participation from industry players.  Out of 27 mines offered, bids were submitted for 20, with a total of 70 online and 72 physical bids. The transparent auction process saw the electronic decryption of online bids and the physical opening of sealed offline documents, ensuring full transparency.  In the 11th round, 65 bids were received for…