The third tranche of coal auction will begin next week and 22 applications from companies including Hindalco, Vedanta, JSW Steel and SAIl have cleared the initial stages, a top Government official said on Saturday.
The Government will hold auction for the third lot of coal blocks during August 11-13.
“Out of the total applications we received, 22 were found to be technically valid,” an official said. The Government will put five coal blocks, having total extractable reserves of over 200 million tonnes, on the block.