Notice inviting tender for auctioning 27 mineral blocks issued by 4 states

Notice Inviting Tender (NIT) for sale of 27 mineral blocks have been issued by four states, including Jharkhand and Odisha, Parliament was informed on Monday.

mining
Representative image
Press Trust of India New Delhi
1 min read Last Updated : Jul 19 2021 | 6:49 PM IST

Notice Inviting Tender (NIT) for sale of 27 mineral blocks have been issued by four states, including Jharkhand and Odisha, Parliament was informed on Monday.

While Odisha has issued Notice Inviting Tender for 11 mineral blocks, Madhya Pradesh has issued NIT for 10 blocks.

NIT has been issued for four mineral blocks in Rajasthan and one block in Jharkhand.

Replying to a written question in the Rajya Sabha, Coal and Mines Minister Pralhad Joshi said, "Currently, Notice Inviting Tender (NIT) for auction of 27 mineral are issued by four states, namely, Madhya Pradesh, Rajasthan, Odisha and Jharkhand."

The minister further said "114 mineral blocks are auctioned by various State Governments."

He added that various steps have been taken to reduce the imports of coal.

These include launch of commercial mining to increase availability of coal through non-Coal India (CIL) mining leases, increase in availability of the dry fuel through greater allocations of coal under different auction windows conducted by the coal behemoth, and reduction in floor price for different categories of non-power consumers by CIL.

CIL accounts for over 80 per cent of domestic coal output.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :mineral block auctionParliamentauction

First Published: Jul 19 2021 | 6:49 PM IST

Next Story