The Kuraloi (A) North mine has been successfully auctioned with Vedanta Limited in the second attempt of the first Tranche of Auction under Mines and Minerals (Development and Regulation)Act, 1957, the Ministry of Coal informed.
Daily Current Affairs Quiz 2021
The Nominated Authority, Ministry of Coal launched the auction process of 38 coal mines in the first tranche of auction for Sale of Coal (commercial mining).
In the first attempt of auction under 11th Tranche of Auction under the CM (SP) Act 2015 and under 1st Tranche of Auction under the MMDR Act 1957, out of the 38 coal mines, 19 have been successfully auctioned.
Kuraloi (A) North located in Odisha with a Peak Rated Capacity of 8 MTPA is the largest mine in terms of PRC of all the mines successfully auctioned in the first tranche.