Latest News | Govt Revises Timeline of 2nd Tranche of Coal Mine Auctions for Commercial Mining

New Delhi, Jun 22 (PTI) The coal ministry on Tuesday announced revision in the timeline of the second tranche of auctions for commercial mining.

In a statement, the ministry said the last date for registration of bidders and sale of tender documents on the MSTC website and the bid due date have been revised.

The last date for submission of bids has been extended to July 8, 2021.

The revised timeline will be uploaded on the MSTC website, it added.

The government had in March offered 67 coal mines for sale, launching the second tranche of commercial coal mining auctions and termed it a step towards 'Aatmanirbhar Bharat'.

This is the highest number of mines on offer in a particular tranche after commencement of the auction regime in 2014.

Of the total 38 coal blocks offered in the first round of auctions for commercial coal mining, the government successfully auctioned 20 mines.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)