Coal India declares as Preferred Bidder for Ontillu-Chandragiri REE Block
The exploration license deed to be executed within 1 year of issuance of Letter of Intent by the State Government of Andhra Pradesh.
Coal India declares as Preferred Bidder for Ontillu-Chandragiri REE Block
State-run Coal India Ltd in a major boost towards productivity has been declared as Preferred Bidder by Ministry of Mines, Government of India for Ontillu- Chandragiri REE Exploration Block.
The significant terms and conditions of the bidding is as per the Mines and Minerals (Development and Regulation) Act, 1957 as amended from time to time.
The exploration license deed to be executed within 1 year of issuance of Letter of Intent by the State Government of Andhra Pradesh.
The name of the block is Ontillu- Chandragiri Rare Earth Element Exploration Block with an area of 209.62 square km. The block is located in Andhra Pradesh.
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