Ministry of Coal revises timelines for second tranche of coal auctions
COAL & MINING

Ministry of Coal revises timelines for second tranche of coal auctions

On Tuesday, the coal ministry declared the timeline revision of the second tranche of commercial mining auctions.

In a statement, the ministry said that the last date for registration of bidders and sale of tender documents on the MSTC website, and the due date of submitting the bid is changed.

The closing date for presenting the bids has been extended to 8 July, 2021.

Additionally, it stated that the updated timeline would be uploaded on the MSTC website.

In March, the government had provided 67 coal mines for sale, starting the second tranche of commercial coal mining auctions and named it a step towards Atma Nirbhar Bharat.

Since the start of the auction regime in 2014, this has been the highest number of coal mines on a proposal in a particular tranche.

Out of the 38 coal blocks offered in the first round of auctions for commercial coal mining, the government successfully sold 20 mines.

Image Source


Also read: Coal mine auctions: Commercial tranche 2 gains traction

Also read: Ministry adds 11 more coal mines for auction

On Tuesday, the coal ministry declared the timeline revision of the second tranche of commercial mining auctions. In a statement, the ministry said that the last date for registration of bidders and sale of tender documents on the MSTC website, and the due date of submitting the bid is changed. The closing date for presenting the bids has been extended to 8 July, 2021. Additionally, it stated that the updated timeline would be uploaded on the MSTC website. In March, the government had provided 67 coal mines for sale, starting the second tranche of commercial coal mining auctions and named it a step towards Atma Nirbhar Bharat. Since the start of the auction regime in 2014, this has been the highest number of coal mines on a proposal in a particular tranche. Out of the 38 coal blocks offered in the first round of auctions for commercial coal mining, the government successfully sold 20 mines. Image Source Also read: Coal mine auctions: Commercial tranche 2 gains traction Also read: Ministry adds 11 more coal mines for auction

Next Story
Infrastructure Urban

What Industry Wants!

The construction industry is gearing up for Budget 2025 with high expectations. As one of India’s key economic drivers, the sector is eagerly anticipating reforms and policies to address pressing challenges such as high input costs, funding gaps, and sustainability demands. Industry leaders across real estate, infrastructure, construction materials, and logistics have shared their wishlists, urging the government to focus on GST rationalization, increased CAPEX, and green initiatives.This year’s budget presents an opportunity for the government to not only tackle existing bottlenecks but a..

Next Story
Infrastructure Urban

Messe Stuttgart, Startup India Tie-Up to Boost Funding

The logistics market in India is poised for significant growth, with a projected revenue of $357.3 billion by 2030. Despite this huge potential, a recent McKinsey & Company report highlights the decline in logistics funding following the pandemic that remains a significant concern. After receiving unprecedented funding of $25.6 billion in 2021, venture capital investment in logistics startups fell sharply to $2.9 billion in 2023—a nearly 90 per cent decrease, marking the lowest since 2015. This pullback from investors is attributed to several factors, including high interest rates, a glo..

Next Story
Infrastructure Transport

JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000