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

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Coal Mines in Odisha
Coal Mines in Odisha
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Opening of Technical Bids for Auction of Coal Mines for Sale of Coal

(Second Attempt – 12th Tranche of Auction under the Coal Mines (Special Provisions) Act, 2015)
(Second Attempt – 2nd Tranche of Auction under the Mines and Minerals (Development and Regulation) Act, 1957)

By PIB Delhi

The auction process of eleven coal mines under the second attempt of 12thTranche of Auction under the Coal Mines (Special Provisions) Act, 2015 and the second attempt of 2ndTranche of Auction under the Mines and Minerals (Development and Regulation) Act, 1957for sale of coal was launched by the Nominated Authority, Ministry of Coal on September 27, 2021. The last date of submission of the Technical Bid was November 29, 2021. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened today (November 30, 2021) from 11:00 am onwards at the Ministry of Coal, 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.A total of 7 (seven) bids have been received for 4 (four) coal mines. Mine-wise list of bids received is appended below:

Sl NoName of Coal MineNo of Bids
 Beheraband North Extn2
 GondbaheraUjheni East1
 Lalgarh (North)3
 Tokisud Block II1
 Total Bids7

A total of 7 companies have submitted their bids in the auction process as per the following list:

Sr. NoName of the BidderNo of Bids Submitted
 Auro Coal Private Limited1
 JSW Steel Ltd.1
 MP Natural Resources Private Limited1
 Adhunik Power & Natural Resources Ltd.1
 Assam Mineral Development Corporation Limited1
 Virtuous Mining Limited1
 Twenty First Century Mining Private Limited1
 Total Bids7

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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