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Day 3 of Commercial Coal Mine Auction

Staff Reporter,
05/11/2020   0 Comments

 Four (4) coal mines (3 in Madhya Pradesh and 1 in Chhattisgarh) were put up for auction on Day 3 of Commercial Coal Mine Auction.The total geological reserves of the mines put up for auction are ~161 MT with a cumulative PRC of ~7 MTPA.

 
The e-auction witnessed strong competition amongst the bidders with allmines attracting good premiums over the floor price.

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