India starts fresh round of coal block auctions, alongside preferential allotment

India’s Coal Ministry has announced the auctioning of 27 coal blocks alongside the allocation of 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 blocks to be put up for competitive bidding, 21 had been set aside for end-use industries that are nonregulated, while another six were coking coal blocks reserved for exclusive bidding by companies in the iron and steel sector.