Last updated on June 28th, 2023 at 04:52 pm
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The 6th and 5th tranches of commercial coal mines auction for 141 coal mines were launched by the Ministry of Coal on November 03, 2022. Some of the coal mines have been resized based on the feedback of the industry to improve their attractiveness, while others have been selected considering the varied demands within the investor community.
Bidders can submit their bids online on the electronic platform by 12:00 hours up to January 13, 2023, and physically by 16:00 hours on the same day in accordance with the timelines. Bids will be opened on Monday, January 16, 2023, at 10:00 hours, with representatives of bidders present.
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