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First Tranche of Coal Mine Auction
November 14 , 2020
1476 days
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- The first tranche of the auction is to generate revenue of Rs 7,000 crores.
- The auctioned mines are located in the states of Odisha, Jharkhand, Chhattisgarh, Madhya Pradesh and Maharashtra.
- Recently India launched the auction process of 41 blocks of commercial mining in June 2020.
- India is the second largest importer of coal.
- India has the fifth largest coal reserves in the world.
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