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Coal Ministry Receives Twenty Six Bids

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For Auction of Eleven Coal Mines for Sale of Coal

(14th Tranche of Auction under the Coal Mines (Special Provisions) Act, 2015)

(4th Tranche of Auction under the Mines and Minerals (Development and Regulation) Act, 1957)

Delhi, Mar 3

The process of 4th Tranche of Auction of coal mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on December 16, 2021. The last date of submission of Technical Bid was February 28, 2022. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened here today (March 02, 2022) at  10:00 AM onwards  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 26 (Twenty-Six) bids have been received (both online and offline) against 11 (Eleven) coal mines. Two or more bids have been received for 5 (five) coal mines. Mine-wise list of bids received is appended below:

Sl No Name of Coal Mine No of Bids
1 Binja 1
2 Chinora 4
3 Gare Palma IV/6 8
4 Rabodih OCP 3
5-6 Utkal B1 & B2 6
7 Alaknanda 1
8 Datima 1
9 Dongeri Tal – II 1
10-11 Rampia & Dip Side of Rampia 1
  Total Bids 26

 

A total of 21 companies have submitted their bids (both online and offline) in the auction process as per the following list:

Sr. No Name of the Bidder No of Bids Submitted
Kalki Ispat Pvt Ltd 1
BS Ispat Ltd 1
YJSL Logistics LLP 1
Virtuous Mining Ltd 1
Auro Coal Pvt Ltd 1
Indermani Mineral India Pvt Ltd 1
Sarda Energy & Mineral Ltd 1
Shyam Metalics & Energy Ltd 2
CG Natural Resources Pvt Ltd 1
JSW Steel Limited 2
Jindal Steel & Power Ltd 2
Sarda Mines Pvt Ltd 2
Bharat Aluminium Company Ltd 1
Renga Engineering Works India (P) Ltd 1
Twenty First Century Mining Pvt Ltd 1
Chennai Radha Engineering Works (P) Ltd 1
Tamil Nadu Generation & Distribution Corporation Ltd 1
Mahanadi Mines and Minerals Pvt Ltd 2
Rungta Sons Pvt Ltd 1
Krishery Pvt Ltd 1
Amaltas Aviation Services Pvt Ltd 1
  Total Bids 26

 

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 from March 24, 2022.

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