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Govt to launch 1st tranche of mineral block licence bid

The New Indian Express Kalaburagi

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February 28, 2025

THE government will launch the first tranche auction of exploration licence for blocks in March 2025, said Minister of Coal and Mines G Kishan Reddy on Thursday.

- ENS ECONOMIC BUREAU @New Delhi

This development comes after an amendment to the MMDR Act in 2023, which enabled the grant of exploration licences for critical and deep-seated minerals through auction.

Speaking at a press conference in New Delhi, Reddy said Assam, Jammu & Kashmir, and Kerala will soon join the mineral auction regime, expanding the mineral auction map of India to 17 states.

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