commercial auctions

The Ministry of Coal has issued vesting orders for five coal blocks under the commercial coal block auction process through its nominated authority. The blocks include Tandsi III, Tandsi III Extension, Senduri, West of Tubed, Chitarpur (revised), and Phutamura. Four of these are partially explored, while one is fully explored. The projects are expected to generate annual revenue of around Rs 3.6 billion and attract capital investment of approximately Rs 5.17 billion. With these allocations,…