Home » COAL » Opening of Technical Bids for Auction of Coal Mines for Sale of Coal 34 bids received for 19 coal mines

Opening of Technical Bids for Auction of Coal Mines for Sale of Coal 34 bids received for 19 coal mines

The auction process of 67 coal mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on March 25, 2021. The last date of submission of Technical Bid was July 08, 2021. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened today i.e. July 09, 2021, 10:00 am onwards at New Delhi, in the presence of the bidders.

The online bids were decrypted and opened electronically in the presence of the bidders. Subsequently, sealed envelopes containing offline bid documents were also opened in the presence of bidders. Entire process was displayed on the screen for the bidders. A total of 34 (thirty four) bids have been received for 19 (nineteen) coal mines of which 10 (ten) are fully explored mines and 9 (nine) are partially explored mines. 4 (four) of these mines are coking coal mines and the remaining 15 (fifteen) mines are non-coking coal mines. Two or more bids have been received for 8 (eight) coal mines. Mine-wise list of bids received is appended below:

Sl No Name of Coal Mine No of Bids
Alaknanda 1
Beheraband North Extn 1
Bhaskarpara 3
Bhivkund 2
Burakhap Small Patch 5
Burapahar 1
Choritand Tiliaya 1
Dahegaon/Makardhokra-IV 1
Dip Extn Of Belpahar 1
Gondbahera Ujheni East 1
Gondkhari 2
Jhigador 2
Jogeshwar & Khas Jogeshwar 3
Khargaon 2
Lalgarh (North) 1
Ramnagar 1
Rauta Closed Mine 4
Shankarpur Bhatgaon II Extn 1
Tokisud Block II 1
  Total Bids 34

 

A total of 20 companies have submitted their bids in the auction process as per the following list:

Sr. No Name of the Bidder No of Bids Submitted
Adani Power Maharashtra Ltd 1
Adhunik Power & Natural Resources Ltd 2
Aurobindo Realty &Infrastructure Pvt Ltd 4
Bharat Aluminium Company Ltd 1
CG Natural Resources Pvt Ltd 2
Chhattisgarh Mineral Development Corporation Ltd 1
Dhansar Engineering Co Pvt Ltd 1
Godavari Power & Ispat Ltd 1
Hiltop Hirise Pvt Ltd 1
Hindalco Industries Ltd 1
Jhar Mineral Resources Pvt Ltd 2
MP Natural Resources Power Ltd 1
Prakash Industries Ltd 1
Ramgarh Sponge Iron Pvt Ltd 1
Rungta Mines Ltd 1
Shree Sai Urja Ltd 2
Shree Satya Mines Pvt Ltd 3
South West Pinnacle Exploration Ltd 3
Sunflag Iron and Steel Company Ltd 4
Vedanta Ltd 1
  Total Bids 34

 

The bids will be evaluated by a multi-disciplinary Technical Evaluation Committee and Technically Qualified Bidders would be shortlisted for participation in the electronic auction to be conducted on MSTC portal.

About IIPnews

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Coal production in country

The Details of coal production in the country during the last five years and the ...

Sustainable Development for Coal Sector

Several Out of Box Measures undertaken include Eco Mine tourism, First Mile connectivity, Use of ...

Steps taken by the Government to achieve the target of augmentation of coal production capacity

Government has taken the following steps to achieve the target of augmentation of coal production ...

National Coal Index

Ministry of Coal has started Commercial Auction of coal mines on revenue share basis. In ...

Reforms in Coal Sector

The Mineral Laws (Amendment) Act, 2020 was enacted to amend the Coal Mines (Special Provisions) ...

Opening of Technical Bids for Auction of Coal Mines for Sale of Coal Second Attempt of Auction

The auction process of 4 coal mines (Chendipada&Chendipada-II, Kuraloi (A) North and Seregarha) for sale ...

Coal India arms NCL, CCL and WCL get the Coal Minister’s Award 2020

Union Minister of Coal & Mines ShriPralhad Joshi presented “Coal Minister’s Award” tothree coal companies ...

WCL Offers Cheaper Coal to Power Gencos

In a bid to help power gencos to reduce their generation cost, Western Coalfields Limited ...

India aims to achieve 100 MT coal gasification target by 2030: Pralhad Joshi 

  India aims for 100 million tonnes (MT) coal gasification by 2030 with investments worth ...

Foreign Direct Investment in Commercial Coal Mining in India

This is with reference to the ongoing auction process of coal mines for commercial coal ...

WP2Social Auto Publish Powered By : XYZScripts.com