The auction process of commercial coal mining witnessed a “very good start” and the response has been the best in domestic coal history, Coal Minister Pralhad Joshi has said.
A total of 1,140 entities, including international players, participated in the technical session after the launch of sale of blocks, and 26 companies bought tender documents and 10 firms - domestic and foreign - evinced interest in the visit of mines, he added.The statement assumes significance in the wake of apprehensions
of the Jharkhand Government that investors will not come for the auction of commercial coal mining due to coronavirus pandemic.“We launched commercial coal mining on June 18. Prime Minister has blessed this occasion. And after that there was a technical interaction session. Only interested people come there. 1,140 people joined (the technical session). And out of that (1,140 people) more than 50 to 60 people were international players,” Joshi said.Within eight days of the launch of the auction process, there were 329 registrations and 26 tender documents were sold for Rs 5 lakh each, the Minister said.
