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The Economic Times

Economy / The Economic Times

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CBM licensing round draws few bidders

The latest coal bed methane (CBM) licensing round saw a disappointing turnout, with seven of thirteen blocks receiving no bids and four attracting only a single bidder. Only two blocks will experience competitive bidding, as just three companies participated in the Special CBM Bid Round 2026, despite more liberal terms.

21 Apr 2026 12:34 am