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31 Companies Submit Bids for Commercial Coal Mining Auction

Technically Qualified Bidders to be Shortlisted for Participation in Electronic Auction. As part of the auction process, technical Bids comprising of online and offline bid documents were opened today i.e., June 28, 2022, 10:00 am onwards at New Delhi, in the presence of the interested bidders.

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The auction process of 122 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on March 30, 2022. The last date of submission of Technical Bid was June 27, 2022 except for 10 mines (Parbatpur Central coal mine and 9 nos. lignite mines). As part of the auction process, technical Bids comprising of online and offline bid documents were opened today i.e., June 28, 2022, 10:00 am onwards at New Delhi, in the presence of the interested 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 38 bids were received under three tranches of commercial coal mine auctions. Under Fifth tranche of auctions, a total of 28 bids were received against 15 coal mines, where 2 or more bids have been received for 8 coal mines. Under 2nd Attempt of Third tranche, a total of 9 coal mines were put up for auctions and 6 bids have been received against 6 coal mines. Under 2nd Attempt of Fourth Tranche, a total of 4 coal mines were put up for auctions and 4 bids have been received against 3 coal mines. Mine-wise list of bids received is appended below:

Sl NoName of Coal MineTrancheNo of Bids
1Bandha North5th Tranche2
2Basantpur5th Tranche2
3ChoritandTiliaya5th Tranche1
4Dahegaon/Makardhokra-IV5th Tranche2
5-6Ghogharpalli & Its Dip Extension5th Tranche7
7Datima5th Tranche1
8Dongeri Tal – II5th Tranche1
9Jitpur5th Tranche3
10Kosar Dongergaon5th Tranche1
11Mandla-South5th Tranche1
12MarkiMangli-IV5th Tranche3
13Sitanala5th Tranche1
14Sondhia5th Tranche1
15Sursa5th Tranche2
16Alaknanda2nd attempt 4th Tranche1
17-18Rampia & Dip Side of Rampia2nd attempt 4th Tranche3
19Ashok Karkatta Central2nd attempt 3rd Tranche1
20Barra2nd attempt 3rd Tranche1
21Kasta (East)2nd attempt 3rd Tranche1
22Koyagudem Block – III2nd attempt 3rd Tranche1
23Maiki North2nd attempt 3rd Tranche1
24Marki Barka2nd attempt 3rd Tranche1
Total Bids38

 

A total of 31 companies have submitted their bids (both online and offline) in the auction process as per the following list:

Sr. NoName of the BidderNo of Bids Submitted
Auro Coal Private Limited1
Avassa Ferro Alloys Private Limited1
Bharat Aluminium Company Limited1
Birla Corporation Limited1
Cavill Mining Private Limited2
Esskay Concast & Minerals Private Limited1
Gangaramchak Mining Private Limited1
Godavari Power & Ispat Limited2
Jaiprakash Power Ventures Limited1
Jhar Mineral Resources Private Limited2
Jindal Power Limited1
Jitusol Developers Private Limited1
JMS Mining Private Limited1
JSW Steel Limited3
KJS Cement (I) Limited1
Krishery Private Limited1
Madhya Bharat Minerals Private Limited2
Maiki South Mining Private Limited1
Moonpie Metaliks Private Limited1
Nagpur Business Forms Private Limited1
NLC India Limited2
Om Sai Ram Steels and Alloys Private Limited1
RCCPL Private Limited1
Rungta Metals Private Limited1
Rungta Sons Private Limited1
Shyam Sel & Power Limited1
Sobhagya Mercantile Limited1
Terri Mining Private Limited1
Throns Infrastructure Private Limited1
Vedanta Limited1
YJSL Minerals and Logistics Private Limited1
Total Bids38

 

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.

Post opening of the Technical Bids, Additional Secretary & Nominated Authority (AS&NA), Ministry of Coal opened the forum for discussion and invited suggestions from the bidders to make the commercial coal mine auctions more attractive for the industry. Few suggestions received from the bidders were deliberated by AS&NA, Ministry of Coal who assured to explore the possibilities to implement the suggestions in the upcoming rounds of auction.

Auction Tranche & Attempt details are as follows:

  1. (15th Tranche of Auction under the Coal Mines (Special Provisions) Act, 2015)

(5th Tranche of Auction under the Mines and Minerals (Development and Regulation) Act, 1957)

AND

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

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

AND

  1. (Second Attempt 13th Tranche of Auction under the Coal Mines (Special Provisions) Act, 2015)

(Second Attempt 3rd Tranche of Auction under the Mines and Minerals (Development and Regulation) Act, 1957)

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