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    CBM BLOCKS AUCTION

    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.

    Reliance Industries to invest Rs 1,000 cr to stem coal bed methane output fall

    Reliance Industries (RIL) plans to invest more than ₹1,000 crore to enhance production from its coal bed methane (CBM) blocks in Sohagpur, Madhya Pradesh. Facing a decline in CBM output, RIL aims to increase production to 1 million standard cubic meters per day within three years by drilling new wells.

    CIL begins process of developing Rs 2,474 cr CBM projects

    Companies are invited to bid for exploration, development, production, marketing of the blocks, CIL said. While the investment for Jharia (Jharkhand) CBM project is estimated at Rs 1,879 crore, Raniganj (West Bengal) project estimated at Rs 595 crore.

    Probe finds RIL flouted CBM auction policy

    Reliance had earlier said that the company won in an open, transparent auction conducted by CRISIL.

    GAIL to buy entire produce from Essar Oil’s Raniganj east CBM block

    GAIL India will buy the entire produce for the next 15 years from Essar Oil’s coal bed methane (CBM) block of Raniganj East in West Bengal.

    RIL prima-facie not complied with CBM policy norm: Oil Ministry

    RIL said it has abided by CBM pricing policy’s stated objective of discovering the best possible price that maximises state revenue and royalty.

    The Economic Times
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