Zee Media Bureau
New Delhi: Delhi High Court on Wednesday lifted the stay order on final bidding for three coal blocks in Chhattisgarh.
The court observed that system of two-phased bidding and multiple bidding in coal auction is working and is not arbitrary.
Delhi High Court had last week directed the government not to conduct final bidding till February 18 for three coal blocks in Chhattisgarh, for which Sarda Energy and Minerals Ltd has submitted its initial price offer on its plea challenging the two-phased auction process in which half of the round one bidders are to be eliminated.
With agency inputs
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