India to auction 25 mineral blocks in the next round

June 2, 2016

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The Indian government would put 25 mineral blocks up for auction by August 2016, despite previous rounds having received a lukewarm response from investors.

“The provinces have identified 50 to 60 mineral blocks to be put up for auction. We expect provinces to issue notice inviting tenders (NITs) for 20 to 25 blocks within the next two to three months,” Mines Secretary Balvinder Kumar has said.

Category: General