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Nineteen mines auctioned under commercial coal mine auction

Wednesday, 11 Nov 2020
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Nineteen out of the 38 mines put under the commercial coal mine auction have been successfully auctioned off.

Financial bidding has also been concluded. The Centre has successfully auctioned 19 mines of which 11 are open cast, five are underground and three are mixed.

A total of 38 coal mines were put on auction. The last date for the purchase of tender documents was 25 September 2020, and 29 September 2020 was the due date for the tender bid.

A total of 76 bids were received for 23 mines, of which 19 mines received two or more bids.

These mines were mainly located in Chhattisgarh, Jharkhand, Maharashtra and Madhya Pradesh.

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