State-run Coal India will bid for three blocks in critical minerals auctions conducted by the country’s mines ministry in February, Chairman and Managing Director P M Prasad told analysts in a post-earnings conference call on Monday.
India launched the first part of its critical minerals auction – expected to raise an estimated Rs 45,000 crore ($5.42 billion) overall – in November last year in a bid to drive its clean energy push, drawing interest from the likes of Ola Electric and Shree Cement.
