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12 Jan
00:00

Indian industrial body calls for transparency, steelmaker preference in coal auctions

The Associated Chambers of Commerce & Industry of India (Assocham) has called on the government not to seek an indicative price offer from bidders during the first, technical bid stage of the recently launched e-auction of 24 coal mines. The body says this is to ensure that the auction process remains transparent. “The first round of technical [bidding] should only consider technical qualifications as criteria for short-listing and it should not co…
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