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News Brief | July 2014

Centre to identify more mines for auction

The Centre has announced a nine-member panel in a bid to expedite the coal auction process, which will identify more blocks, in addition to already selected 54 mines, for sale through competitive bidding. As per the auction by Competitive Bidding of Coal Mines, Rules, 2012, a committee under the chairmanship of additional secretary, ministry of Coal is hence constituted for identifying coal blocks for allocation for auction purposes. The committee will also select blocks from areas explored after 2008.
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