CBM licensing round draws few bidders as most blocks go unsold

Published on 24 April 2026

Seven of 13 CBM blocks got zero bids

India’s latest coal bed methane licensing round failed to spark much competition, with seven of 13 blocks receiving no bids and four landing just a single bidder. Even a Special CBM Bid Round 2026 with more liberal terms attracted only three companies, leaving just two blocks to face competitive bidding.

Seven of 13 CBM blocks received no bids
Four blocks saw only one bidder
Just three companies participated despite easier terms
Only two blocks will be competitively bid

#licensing round #bidding #energy #oil and gas #coal bed methane

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

CBM licensing round draws few bidders as most blocks go unsold

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