Current Affairs

Bids for 10th Round and Second Attempt of 9th and 8th Round of Commercial Coal Mines’ Auction Opened Today

Bids for 10th Round and Second Attempt of 9th and 8th Round of Commercial Coal Mines’ Auction Opened Today

The Nominated Authority, Ministry of Coal today opened the bids for the 10th round and second attempt of 9th and 8th round of commercial coal mines’ auction. This round was launched on June 21, 2024 and bid submission date was extended twice to give sufficient time to prospective 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. Under this round, a total of 45 bids has been received online, however, only 44 bids have been received in physical form.

 

A total of 43 bids were received against 16 coal mines out of 61 coal mines offered in 10th round. While, only 1 bid received against 5 mines offered under 2nd Attempt of 9th round and no bid received against 1 mine offered under 2nd Attempt of 8th round.

 Mine-wise list of bids received is appended below:

Sl No

Name of Coal Mine

Round

No of Bids (Both Online and Offline)

Type of coal mine

1

Bartap

10th Round

3

Non-Coking

2

Bhatgaon II Extn (Bojha)

10th Round

1

Non-Coking

3

Bicharpur South

10th Round

1

Non-Coking

4

Bundu

10th Round

2

Non-Coking

5

Gare Palma IV/5

10th Round

5

Non-Coking

6

Gawa East

10th Round

2

Non-Coking

7

Kerandari BC North

10th Round

6

Non-Coking

8

Marwatola South

10th Round

3

Non-Coking

9

New Patrapara South

10th Round

2

Non-Coking

10

Sarai East (South)

10th Round

2

Non-Coking

11

Senduri

10th Round

1

Non-Coking

12

Tandsi III and Tandsi III Extn

10th Round

1

Coking

13

Tangardihi North

10th Round

1

Non-Coking

14

Ulia Gamhardih

10th Round

11

Non-Coking

15

Ustali North

10th Round

1

Non-Coking

16

West of Baisi

10th Round

1

Non-Coking

17

Badam North

Second Attempt-9th Round

1

Coking

 

A total of 31 companies have submitted their bids in the auction process. More than 10 new companies have participated for the first time under commercial coal mine auction. The list is as submitted below:

S.No

Name of the bidder

No. of bids submitted

1

ACC Limited

1

2

Adas Mining and Infra Private Limited

2

3

AMR India Limited

1

4

Astvinayak Township Private Limited

1

5

Auro Coal Pvt Ltd

1

6

Barbarik Project Limited

1

7

DNA Minerals Pvt Ltd

1

8

Ind Synergy Ltd

2

9

Jai Ambey Roadlines Pvt Ltd

1

10

Jharkhand Exploration and Mining Company Limited

1

11

Jindal Steel and Power Limited

1

12

JSW Energy Ltd

1

13

JSW Steel Ltd

1

14

Lloyds Metals and Energy Limited

2

15

Mineware Advisors Private Limited

1

16

NLC India Limited

3

17

NMDC Limited

1

18

NRSKS Mines and Minerals Pvt Ltd

1

19

NTPC Mining Ltd.

2

20

Odisha Coal and Power Limited

2

21

Orissa Alloy Steel Pvt Ltd

1

22

Pra Nuravi Coal Mining Pvt Ltd

1

23

Raigarh Natural Resources Limited

1

24

Sarda Energy and Minerals Ltd.

2

25

Shreeji Nuravi Coal Mining and Trading Pvt Ltd

2

26

Singhal Enterprises Private Limited

2

27

SM Steels and Powver Limited

3

28

SMS Limited

1

29

Sunflag Iron and Steel Ltd

1

30

Thriveni Earthmovers Pvt Ltd

1

31

UP Rajya Vidyut Utpadan Nigam Limited

2

TOTAL

44

 

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

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