The Union government may auction six shale gas blocks, with estimated reserves of over 50 billion cubic metres, this year. When it happens it will become India's first auction of exploratory blocks for this fuel. Of the six blocks, two most prolific blocks are in the Ranigunj coalfields of the Damodar basin in West Bengal. The others are in Jharia, also in the Damodar basin, and in the Cauvery basin in the south India.
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Shale gas auction by end-2013
India expects to launch its auction of shale gas blocks by the end of 2013, Oil Secretary GC Chaturvedi has said recently.