Commercial mining auction: 7 firms win coal blocks
In the 12th round of the commercial mines auction conducted by the Ministry of Mines, 7 firms, including Damodar Valley Corporation (DVC) and Orissa Alloy Steel Pvt Ltd (OASL) have bagged coal blocks.
The seven blocks hold a combined geological reserve of around 1,761.49 million tonnes. Auctions witnessed intense competition, achieving an average revenue share of 26.70 per cent.
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