India to launch first exploration license auction in March 2025; Assam, J&K, and Kerala to join auction regime
The provision for granting Exploration Licenses for critical and deep-seated minerals through auctions was introduced in the MMDR Act amendment in 2023. The minister also informed that Jammu & Kashmir, Kerala, and Assam will join the mineral auction regime, expanding the total number of participating states to 17.
The provision for granting Exploration Licenses for critical and deep-seated minerals through auctions was introduced in the MMDR Act amendment in 2023. The minister also informed that Jammu & Kashmir, Kerala, and Assam will join the mineral auction regime, expanding the total number of participating states to 17.
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