Ministry of Coal: 9th Round of Commercial Coal Mine Auctions

Key Points:

Overwhelming response with 40 bids received in offline form for coal mines offered in the 9th round of commercial coal mine auctions by the Ministry of Coal.
Launch date: December 20, 2023, with the last date for bid submission on February 19, 2024.
33 bids received under 19th/9th tranche of auctions, with multiple bids for 8 coal mines and single bids for 5 mines. Additionally, 7 bids received under the 2nd Attempt of 17th/7th tranche of auction against 3 coal mines.
Online and offline bids will be opened on February 20, 2024, in the presence of bidders.
Release ID: 2007183

Potential Exam Questions:

What was the number of bids received in the 9th round of commercial coal mine auctions by the Ministry of Coal?
Highlight the key dates associated with the 9th round of commercial coal mine auctions.
How many bids were received for single coal mines in the auction process?

"The Ministry of Coal's 9th round of commercial coal mine auctions has garnered significant interest, reflecting the industry's response to the initiative."

Exam Preparation Summary:

Aspirants should focus on understanding the process and outcomes of the Ministry of Coal's commercial coal mine auctions, including key dates, the number of bids received, and the overall industry response. Studying this information will provide insights into the government's initiatives in the coal sector and their impact on stakeholders.