Policy

35 mineral blocks to be auctioned in April, May

New Delhi | Updated on March 20, 2018 Published on March 20, 2018

A total of 35 mines will be auctioned in the next two months out of 112 mineral blocks that are slated to go under the hammer in 2018-19 financial year, Ministry of Mines said today.

It said 35 mineral blocks including that of iron ore, bauxite and limestone, among others have been auctioned as on March 12, 2018 and another 35 are at various stages of bidding.

“NIT (notice inviting tender) is going on for 35 blocks. While 30 blocks will be auctioned in April, five will go under the hammer in May, 2018,” it said in a report.

While in Jharkhand, NIT is going on for one iron ore and one graphite mine, in Karnataka, the process is on for eight iron ore blocks.

Published on March 20, 2018
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