Govt revises timeline of second tranche of coal mine auctions

The last date for submission of bids has been extended to July 8, 2021.


Centre | Mining industry | Commercial coal mining

coal, mining

The coal ministry on Tuesday announced revision in the timeline of the second tranche of auctions for commercial mining.

In a statement, the ministry said the last date for registration of bidders and sale of tender documents on the MSTC website and the bid due date have been revised.

The last date for submission of bids has been extended to July 8, 2021.

The revised timeline will be uploaded on the MSTC website, it added.

The government had in March offered 67 coal mines for sale, launching the second tranche of commercial coal mining auctions and termed it a step towards ‘Aatmanirbhar Bharat’.

This is the highest number of mines on offer in a particular tranche after commencement of the auction regime in 2014.

Of the total 38 coal blocks offered in the first round of auctions for commercial coal mining, the government successfully auctioned 20 mines.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, June 22 2021. 18:19 IST