Coal ministry receives 38 bids 24 mines from 31 companies
Steel

Coal ministry receives 38 bids 24 mines from 31 companies

On Tuesday the government said that 31 companies which include JSW Steel, Vedanta Limited, NLC India Limited, Jindal Power, and Bharat Aluminium Company Limited submitted bids for 24 mines under commercial coal mines auctions.

38 online and offline bids have been submitted in the three rounds of auctions. In a statement, the coal ministry said that a total of 31 companies submitted their bids, online and offline in the auction process.

Birla Corporation Limited, Jaiprakash Power Ventures Limited, Rungta Metals Private Limited, and Godavari Power and Ispat Limited are other companies that submitted the bids.

The auction process for 122 coal/lignite mines had been launched in March. Except for 10 mines, the submission deadline for technical bids was June 27, 2022. The excluded 10 mines include Parbatpur Central coal mine and 9 lignite mines.

The statement added that technical bids including online and offline bid documents have been opened as a part of the auction process in the presence of the interested bidders.

The bids are going to be evaluated by a multi-disciplinary technical evaluation committee. The technically qualified bidders will be shortlisted for participating in the electronic auction.

After the technical bids were opened, the forum opened for discussion and suggestions from the bidders to transform the commercial coal mine auctions to be more attractive for the industry.

Image Source

Also read: India seeks WB aid to get abandoned coal mines going again

On Tuesday the government said that 31 companies which include JSW Steel, Vedanta Limited, NLC India Limited, Jindal Power, and Bharat Aluminium Company Limited submitted bids for 24 mines under commercial coal mines auctions. 38 online and offline bids have been submitted in the three rounds of auctions. In a statement, the coal ministry said that a total of 31 companies submitted their bids, online and offline in the auction process. Birla Corporation Limited, Jaiprakash Power Ventures Limited, Rungta Metals Private Limited, and Godavari Power and Ispat Limited are other companies that submitted the bids. The auction process for 122 coal/lignite mines had been launched in March. Except for 10 mines, the submission deadline for technical bids was June 27, 2022. The excluded 10 mines include Parbatpur Central coal mine and 9 lignite mines. The statement added that technical bids including online and offline bid documents have been opened as a part of the auction process in the presence of the interested bidders. The bids are going to be evaluated by a multi-disciplinary technical evaluation committee. The technically qualified bidders will be shortlisted for participating in the electronic auction. After the technical bids were opened, the forum opened for discussion and suggestions from the bidders to transform the commercial coal mine auctions to be more attractive for the industry. Image Source Also read: India seeks WB aid to get abandoned coal mines going again

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?