PrashantNews
The Ministry of Mines will launch the 1st Tranche auction of Exploration License blocks in March 2025, said Union Minister of Coal and Mines G Kishan Reddy on Thursday.
Speaking at a press conference held in New Delhi, the Minister said the provision of grant of Exploration License for critical and deep-seated minerals through auction was made through an amendment in the MMDR Act in 2023.
Reddy also said Assam, Jammu & Kashmir and Kerala will also join the mineral auction regime soon, expanding the mineral auction map of India to 17 states.