Current Affairs

Bids for 9th Round and Second Attempt of 7th Round of Commercial Coal Mines’ Auction Opened Today

Ministry of Coal


Posted On:

20 FEB 2024 7:45PM by PIB Delhi


The Nominated Authority, Ministry of Coal today opened the bids for the 9th round and second attempt of 7th round of commercial coal mines’ auction. This round was launched on December 20, 2023.

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 9th round, a total of 27 coal mines were put up for auction and 33 bids were received against 13 coal mines. Under 2nd Attempt of Seventh round, a total of 5 coal mines were put up for auction and 7 bids received against 3 coal mines.

Mine-wise list of bids received is appended below:

Sr No

Name of Coal Mine

Round

No of Bids (Both Online and Offline)

Type of Coal Mine

1

Babupara East

9th Round

3

Coking

2

Badam North

9th Round

1

Coking

3

Baisi

9th Round

4

Non-Coking

4

Bhatgaon-II

9th Round

1

Non-Coking

5

Chandrauthi

9th Round

1

Non-Coking

6

Dongeri Tal-II

9th Round

1

Non-Coking

7

Dumri

9th Round

6

Non-Coking

8

Duni Central

9th Round

2

Coking

9

Jharpalam Thangarghat (Revised)

9th Round

1

Non-Coking

10

Lalgarh South

9th Round

3

Coking

11

Lamatola

9th Round

5

Coking

12

South of Damuda

9th Round

2

Coking

13

West of Shahdol (South)

9th Round

3

Non-Coking

14

Mahan

Second Attempt-7th Round

3

Non-Coking

15

Mara II Mahan

Second Attempt-7th Round

2

Non-Coking

16

Thesgora-B/ Rudrapuri

Second Attempt-7th Round

2

Non-Coking

 

TOTAL

40

 

 

A total of 27 companies including major companies like Tata Steel Ltd, JSW Steel Ltd, Rungta Sons Pvt Ltd., etc.  have submitted their bids in the auction process as per the following list:

 

Sr. No

Name of the Bidder

No of Bids Submitted

1

ACC Limited

1

2

Amalgam Steel and Power Limited

1

3

Andhraminmet Private Limited

1

4

Bull Mining Private Limited

1

5

Ind Synergy Limited

1

6

Indermani Mineral India Pvt Ltd

1

7

J K Cement Limited

4

8

Jai Ambey Roadlines Private Limited

2

9

JMS Mining Private Limited

1

10

JSW Steel Limited

4

11

Maheshwari Mining (Pvt) Ltd

1

12

Nilkanth Coal Mining Private Limited

1

13

Nilkanth Infra Mining Limited

1

14

Ocean Capital Market Limited

1

15

OCL Iron & Steel Limited

1

16

Orissa Alloy Steel Private Limited

1

17

PLR Projects Private Limited

1

18

Rungta Sons Private Limited

5

19

S M Steels and Powver Limited

1

20

Shanti G.D. Ispat and Power Pvt Ltd

1

21

Shrinath Khanij Private Limited

1

22

Sunflag Iron & Steel Co. Ltd.

2

23

Tata Steel Limited

2

24

Agrasen Sponge Pvt Ltd

1

25

Mahan Energen Limited

1

26

Orissa Metallurgical Industry Private Limited

1

27

Thriveni Earthmovers Pvt. Ltd.

1

 

TOTAL

40

 

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.

*****

BY/ST