Construction Industry News
The coal ministry announced that 27 coal mines would be auctioned in the next round of commercial mine auctions, which will begin on Feb. 27. The coal ministry launched an auction process for 141 coal and lignite mines in November last year.
After the completion of the technical evaluation, 27 coal mines that have received multiple bids will be auctioned.
On February 24, a fake e-auction will be held to familiarize bidders with the auction process.
On November 3, 2022, the ministry launched the 6th round and the 2nd attempt of the 5th round of commercial coal mine auctions, which received unprecedented response from the industry.
96 bids were received for 36 coal mines, in which many first bidders participated, reflecting the bidders' enthusiasm and optimism about the coal mining sector.
