India, June 16 -- The Government of India issued the following news release:
The Nominated Authority, Ministry of Coal today opened the bids for the 12th round of commercial coal blocks' auction (excluding 6 underground coal blocks). The round received good response from the bidders. Bids have been received for 11 coal blocks out of 22 coal blocks.
The online bids were decrypted and opened electronically in the presence of the bidders. Subsequently, sealed envelopes containing offline bid documents were also opened in the presence of bidders. Entire process was displayed on the screen for the bidders. 41 bids have been received online as well as in physical form against 11 coal blocks.
A total of 38 bids were received against 8 coal bloc...