Latest News
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

Combined Index of Eight Core Industries (ICI) increases by 5.2 per cent (provisional) in March, 2024 as compared to March, 2023

The combined Index of Eight Core Industries (ICI) increased by 5.2 per cent (provisional) in March, 2024 ...

Coal Sector Shows Highest Growth of 11.6 % among Eight Core Industries in February 2024

The coal sector has exhibited highest growth of 11.6 % (provisional) among the eight core ...

Decline in Share of Coal Import

There has been a reduction in the share of coal import in the total coal ...

One More Coking Coal Mine Auctioned on Third Day of Auctions On third day of ...

Diversification of Coal CPSE’s for Sustainable Energy Ecosystem

The Ministry of Coal is at the forefront of a transformative initiative aimed at diversifying ...

CIL Achieves Record Coal Production of 703.91 MT up to 7th March 2024

The Coal India Limited (CIL) has achieved a record production of 703.91 million tonnes (MT) ...

Year of Exponential Growth of Coal CPSEs

Last one year, coal CPSEs have witnessed an exponential growth commensurate with their contribution to ...

Coal Ministry’s Response to Allegations Raised Against Coal Auctions held in 2015

Recently, an article has been published in a section of media alleging that Union Government ...

Historical Coal Production growth: Cheaper and Assured Availability

Our country is endowed with 5th largest geological reserves of coal.  We are 2nd largest consumers of ...

Coal Production and Dispatch from Captive and Commercial Mines Goes up by 27% and 29% respectively during Current Fiscal upto February 2024

There is month on month (m-o-m) and year-on-year (yoy) increase in coal production and dispatch ...

WP2Social Auto Publish Powered By : XYZScripts.com