PSU NEWS
4 Coal Mines See 7 Bids in India's 8th Coal Auction
Seven Bids Received Against 4 Coal Mines Under 8th Round of Commercial Coal Mines Auction
New Delhi: The Nominated Authority, Ministry of Coal has opened the bids for the 8th round and second attempt of the 7th round of commercial coal mines’ auction today. The mentioned round was launched on November 15th, 2023.
The online bids were decrypted and opened electronically in the presence of the bidders. Subsequently, sealed envelopes containing offline bid documents were also opened in the presence of bidders. The entire process was displayed on the screen for the bidders.
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Under the 8th round, a total of 35 coal mines were put up for auction and 7 bids have been received against 4 coal mines. Under the second Attempt of Seventh round, a total of 4 coal mines were put up for auction and 3 bids were received against 3 coal mines.
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