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Teen solves centuries-old math problem
NEW DELHI, April 15 (UPI) -- India said it has awarded a total of 23 coal-bed methane blocks to various companies after the third round of bidding.
The Indian government had in 1997 approved coal-bed methane policy. Implementation began in 2001 when the government offered CBM blocks in the first round of the policy to different domestic and foreign companies.
"Under this policy, the government has awarded 23 CBM blocks to Indian and foreign companies on equal terms and conditions through international competitive bidding system in a transparent manner. In addition to 23 CBM blocks, government of India also awarded two blocks on nomination basis to the Oil and Natural Gas Corp. and Coal India Ltd. as well as one block to Great Eastern Energy Corp. Ltd. through foreign investment promotion council route," Petroleum and Natural Gas Minister Murli Deora said Tuesday.
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