Mineral block auction: Government plans to auction to offshore mineral blocks
Union Coal and Mines Minister G Kishan Reddy has informed that the government is planning to begin auctioning offshore mineral blocks in the next two to three months. In the first phase, around 10 such mines are likely to be auctioned.
This comes after the Offshore Areas Mineral Act was amended to enable auctioning for production leases.
Also Read: Mineral auction: 25 major and over 2,200 mineral blocks auctioned by Gujarat government