The Central Government shall, - (a) identify area containing coal for allocation through auction by competitive bidding; (b) earmark areas containing coal for each specified end use separately for the purpose of action; (c) invite offers through auction from the companies engaged in the business of specified end uses as mentioned in Section 11A of the Act for the allocation of Coal or lignite blocks in the areas identified under clause (a); (d) notify a floor price for each area, identified under clause (a).