Vedanta, Coal India, and NLC India, alongside Ola Electric, Jindal Power, and the Dalmia Group, Shree Cement are participating as bidders for 20 blocks in the initial phase of the auction for critical mineral blocks in India.
The Ministry of Mines late on Thursday said that it has received more than 50 bids for the First Tranche of Auction of Critical and Strategic Minerals.
“The Ministry of Mines has received more than 50 bids for the First Tranche of Auction of Critical and Strategic Minerals, indicating the strong interest and confidence in the auction process. This robust response reaffirms the Government of India’s commitment to fostering transparency, competition, and sustainable growth in the mining sector,” the ministry said in a statement.
