India to Launch 7th Tranche of Critical, Strategic Minerals Auction

Dusmanta Behera
Dusmanta Behera - Editor-in-Chief
1 Min Read

NewzVille Desk

India’s Ministry of Mines will launch the 7th Tranche of Auction of Critical and Strategic Minerals on Monday.

The 7th Tranche will offer 19 blocks across several states under Mining Lease and Composite Licence. These blocks comprise a diverse basket of minerals essential for sectors such as clean energy, advanced technologies, fertilisers, and strategic industries.

The auction will be conducted online through a transparent two-stage ascending forward auction process, with the successful bidder selected based on the highest percentage of mineral value dispatched.

So far, the Ministry has launched six tranches of auctions, with 46 critical and strategic mineral blocks already auctioned.

Share This Article
Dusmanta Behera
By Dusmanta Behera Editor-in-Chief
Follow:
Dusmanta Behera's pioneering experience of 26 years includes key roles at News Today Pvt Ltd, ETV Networks, Lok Sabha TV. Rajya Sabha TV, and Sansad TV. As an accredited Video Journalist for more than 15 years under MI&B, Government of India covered State Visits of Prime Minister and Vice President. Valuable Contributions include Series on "National Security" and Chamber Telecast. Key interest remains in Documentaries on Armed Forces and Travelogues.
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *