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First offshore mineral auctions
August 3 , 2024
19 hrs 0 min
10
0
- 10 blocks located in India’s Exclusive Economic Zone (EEZ) are available for auction for grant of composite license.
- Of these, 7 blocks of poly-metallic nodules and crusts are located in Andaman Sea, 3 blocks of lime-mud are located off the Gujarat coast.
- The auctions will be conducted under the Offshore Areas Mineral (Development and Regulation) Act (OAMDR), 2002.
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