FCC

Govt to auction 27 coal mines

2019-08-19

The Ministry of Coal has begun the process of auction of 27 coal mines and allotment of 15 blocks to public sector undertakings. As per the plan, the government is auctioning 21 coal mines for end-use non-regulated sectors and six coking coal mines for end-use iron and steel sector. In case of allotment of blocks for PSUs, five coal mines are for power sector, nine for sale of coal and one for iron and steel, according to the ministry. The last date of registration of bidder and sale of tender document is September 13 and the bid?s due date is September 19. The electronic bidding will be conducted on MSTC platform from October 10 to November 8, 2019.

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