NEW DELHI: The government is likely to auction large coal blocks for commercial mining to Indian and overseas miners by the end of November, said a senior government official.
International mining agencies from Australia and Canada have been evincing interest in coal mining in India, the official told ET on Thursday, a day after the Union Cabinet allowed foreign companies such as BHP, PeaBody and Glencore to mine coal and carry out related operations in the country. The government approved 100% foreign direct investment (FDI) under the automatic route in mining, sales and associated infrastructure.
