Section 11A of MMDR : Section 11A: Granting Of Mineral Concession Or Composite Licence In Respect Of Coal Or Lignite

MMDR

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Explanation using Example

Imagine a scenario where a private company, "XYZ Power Ltd.", is planning to establish a new thermal power plant. To fuel this plant, they require a steady supply of coal. Under Section 11A of The Mines and Minerals (Development and Regulation) Act, 1957, XYZ Power Ltd. decides to participate in an auction for a coal mining concession.

As per the act, the Central Government is conducting an auction by competitive bidding to grant mineral concessions or composite licences for coal mining. XYZ Power Ltd., being a company incorporated in India, is ...

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