India’s Coal Ministry has announced auctioning of 27 coal blocks alongside allocating 15 blocks to government companies under the preferential dispensation rules.
Stating the objective of the next round of auctions, the Coal Ministry said that of the 27 block to be put up for competitive bidding, 21 were set aside for end-use industries that were nonregulated, while another six were coking coal blocks reserved for exclusive bidding by companies in the iron and steel sector.