PIB Press Releases

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 the sale of coal was launched by the Nominated Authority, Ministry of Coal on March 25, 2021. The last date of submission of the 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. The 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 NoName of Coal MineNo of Bids
 2Beheraband North Extn1
 5Burakhap Small Patch5
 7Choritand Tiliaya1
 9Dip Extn Of Belpahar1
 10Gondbahera Ujheni East1
 13Jogeshwar & Khas Jogeshwar3
 15Lalgarh (North)1
 17Rauta Closed Mine4
 18Shankarpur Bhatgaon II Extn1
 19Tokisud Block II1
 Total Bids34

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

Sr. NoName of the BidderNo of Bids Submitted
 1Adani Power Maharashtra Ltd1
 2Adhunik Power & Natural Resources Ltd2
 3Aurobindo Realty &Infrastructure Pvt Ltd4
 4Bharat Aluminium Company Ltd1
 5CG Natural Resources Pvt Ltd2
 6Chhattisgarh Mineral Development Corporation Ltd1
 7Dhansar Engineering Co Pvt Ltd1
 8Godavari Power & Ispat Ltd1
 9Hiltop Hirise Pvt Ltd1
 10Hindalco Industries Ltd1
 11Jhar Mineral Resources Pvt Ltd2
 12MP Natural Resources Power Ltd1
 13Prakash Industries Ltd1
 14Ramgarh Sponge Iron Pvt Ltd1
 15Rungta Mines Ltd1
 16Shree Sai Urja Ltd2
 17Shree Satya Mines Pvt Ltd3
 18South West Pinnacle Exploration Ltd3
 19Sunflag Iron and Steel Company Ltd4
 20Vedanta Ltd1
 Total Bids34

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 the MSTC portal.

Back to top button