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Coal Mines Buyers

Feb 25, 2020nbsp018332The Centres discussion paper on coal block auctions suggests bidders offer to share at least 4 of revenue from a block. For more than four bidders, up to three parties will be barred from further participation, while the highest initial offer will be the floor for the next stage, in which bids will be accepted in multiples of 1 until 10, and thereafter in multiples of 0.50.

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