49 Bids Received in 14th Round of Commercial Coal Blocks Auction
The Ministry of Coal has received 49 bids for 24 out of 41 coal blocks during the 14th round of Commercial Coal Blocks Auction. This demonstrates substantial industry interest and confidence in India's commercial coal mining initiative. Eleven companies, including five new entrants, participated, emphasizing the sector's critical role in India's economic growth. A Technical Evaluation Committee will assess the bids for the next phase of electronic auctioning.
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