MIL-OSI Asia-Pac: Technical Bids for 8th Round of Commercial Coal Mines Auction Opened Today

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Source: Government of India (2)

Technical Bids for 8th Round of Commercial Coal Mines Auction Opened Today

Seven Bids Received Against 4 Coal Mines Under 8th Round

Posted On: 05 FEB 2024 8:09PM by PIB Delhi

The Nominated Authority, Ministry of Coal has opened the bids for the 8th round and second attempt of 7th round of commercial coal mines’ auction today. The above mentioned round was launched on November 15th ,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 screen for the bidders.

Under 8th round, a total of 35 coal mines were put up for auction and 7 bids has been received against 4 coal mines. Under second Attempt of Seventh round, a total of 4 coal mines were put up for auction and 3 bids has been 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)

1

Bartap (Revised)

8th Round

1

2

Binodpur Bhabaniganj

8th Round

3

3

Marki-Zari-Jamani-Adkoli

8th Round

2

4

Radhikapur (East)

8th Round

1

5

Kudanali Lubri

7th Round-2nd Attempt

1

6

Sakhigopal B Kakurhi

7th Round-2nd Attempt

1

7

Machhakata (Revised)

7th Round-2nd Attempt

1

TOTAL

10

A total of 10 companies have submitted their bids in the auction process as per the following list:

Sr. No

Name of the Bidder

No of Bids

Submitted

1

OCL Iron and Steel Limited

1

2

JMS Mining Private Limited

1

3

Shyam Sel and Power Limited

1

4

SMN Tradecomm Private Limited

1

5

Maa Durga Coal & Minerals Pvt Ltd

1

6

Nilkanth Infra Mining Limited

1

7

NALCO

1

8

Gujarat Mineral Development Corporation

1

9

TANGEDCO

1

10

NLC India Limited

1

TOTAL

10

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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BY/RKP/ST

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