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Govt idenfies 8 lignite blocks for auction via competitive bidding

Govt idenfies 8 lignite blocks for auction via competitive bidding

Under Competitive Bidding of Coal Mine Rules, 2012, the central government would auction eight lignite blocks, five of them in Gujarat and three in Rajasthan. However, the government has not announced when these blocks would be put on auction. The estimated reserves in these blocks are not known immediately as they are not completely explored. On June

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Govt offered 17 blocks to PSUs

Govt offered 17 blocks to PSUs

The government offered 17 coal blocks for allocation to government companies and identified six more explored coal blocks to allocate to private sector through competitive bidding. The government said this in its 'Report to the People' released by Prime Minister Manmohan Singh and Congress President Sonia Gandhi on the fourth anniversary of UPA-II