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Govt revises timeline of second tranche of coal mine auctions

TBB BUREAU

NEW DELHI, JUNE 22, 2021

The Ministry of Coal on Tuesday announced revision in the timeline of the second tranche of auctions for commercial mining.

In a statement, the Ministry stated that in continuation to the Notice Inviting Tender dated March 25, 2021, the last date for registration of bidder and sale of tender documents on MSTC website, and the Bid Due Date have been revised.

The Bid Due Date has been extended to Thursday, July 08, 2021. The revised timeline shall be uploaded on the MSTC website, it added.

The government had in March offered 67 coal mines for sale, launching the second tranche of commercial coal mining auctions. Of the total 38 coal blocks offered in the first round of auctions for commercial coal mining, the government successfully auctioned 20 mines.

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