Commercial coal mining auction to kick off June 18
NEW DELHI: India is set to launch auction of coal blocks for commercial mining purposes on June 18, a month after the Union Cabinet approved the new revenue-sharing model which puts an end to the monopoly of state-run Coal India.
“We are launching first-ever commercial coal auction in the country on June 18. The launch of auction will be with the theme “Unleashing coal: New hopes for Aatmanirbhar Bharat”, the coal ministry said in a statement on Thursday.
