43 bids received for 16 coal mines as 10th round of commercial coal mine auction bids are opened
On 21 October 2024, in India, the Nominated Authority of the Ministry of Coal opened bids for the 10th round and second attempts of the 9th and 8th rounds of commercial coal mine auctions, receiving 43 bids for 16 of the 61 mines offered in the 10th round.
Summary
On 21 October 2024, in India, the Nominated Authority, Ministry of Coal, opened the bids for the 10th round and the second attempt of the 9th and 8th rounds of commercial coal mines' auction. The round was launched on 21 June 2024 and the bid submission date was extended twice. A total of 43 bids were received against 16 coal mines out of 61 offered in the 10th round, while only one bid was received against 5 mines in the second attempt of the 9th round and none for the 1 mine in the second attempt of the 8th round.
Key facts
- Date
- 21 Oct 2024
- By
- Nominated Authority, Ministry of Coal
- Round launched
- 21 June 2024
- 10th round
- 43 bids for 16 of 61 mines offered
- 9th round, 2nd attempt
- 1 bid for 5 mines
- 8th round, 2nd attempt
- No bid for 1 mine
Practice MCQs 2 questions
When bids were opened on 21 October 2024 for the 10th round of commercial coal mine auctions, how many bids were received and for how many mines?
Show answer
Correct answer: D — 43 bids for 16 of the 61 mines offered
PIB, 21 Oct 2024: a total of 43 bids were received against 16 coal mines out of 61 coal mines offered in the 10th round.
The 10th round of commercial coal mine auctions (bids opened 21 October 2024) was launched on:
Show answer
Correct answer: C — 21 June 2024
PIB, 21 Oct 2024: 'This round was launched on June 21, 2024 and bid submission date was extended twice.'