Coal Ministry receives 53 Bids for 20 coal mines

Team News Riveting

New Delhi, December 15

The auction process of 88 coal mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on October 12, 2021. The last date of submission of Technical Bid was December 14, 2021.

As part of the auction process, Technical Bids comprising of online and offline bid documents were opened here today (December 15, 2021) 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 53 (Fifty Three) bids have been received for 20 (twenty) coal mines of which 16 (sixteen) are fully explored mines and 4 (four) are partially explored mines.2 (two) of these mines are coking coal mines and the remaining 18 (eighteen) mines are non-coking coal mines. Two or more bids have been received for 10 (ten) coal mines. Mine-wise list of bids received is appended below:

Sl NoName of Coal MineNo of Bids
1Ashok Karkatta Central1
2Bankhui3
3Barra1
4Basantpur1
5Bijahan5
6-7Brinda &Sasai2
8Garampani4
9Jaganathpur A1
10Kasta (East)1
11Koilajan3
12Koyagudem Block-III1
13Maiki North1
14Majra3
15MarkiBarka1
16Meenakshi4
17NamchikNamphuk12
18Parbatpur Central1
19Thesgora-B/ Rudrapuri1
20Utkal C7
 Total Bids53

A total of 37 companies have submitted their bids both offline and online in the auction process as per the following list:

Sr. NoName of the BidderNo of Bids Submitted
 Chennai Radha Engineering Works Pvt Ltd1
 The Singareni Collieries Company Pvt Ltd1
 Yazdani Steel and Power Limited1
 TANGEDCO2
 BALCO1
 Gangaramchak Mining Pvt Ltd1
 Hindalco Industries Limited3
 Mahanadi Mines & Minerals Pvt Ltd3
 Jindal Power Limited2
 Vedanta Limited2
 Trident Chemphar Limited1
 Agrestal Energy Pvt Ltd1
 Dalmia Cement (Bharat) Limited2
 Assam Mineral Development Corporation Limited3
 Shree Salasar Industries Pvt Ltd1
 Coal Pulz Pvt Ltd3
 Mahalaxmi Continental Ltd3
 Kalinga Infra Projects Limited1
 Jitusol Developers Pvt Ltd1
 Auro Coal Private Limited2
 Maiki South Mining Pvt Ltd1
 BS Ispat Limited1
 Sunflag Iron & Steel Co. Ltd1
 Amaltas Aviation Services Pvt Ltd2
 Balaji Marble and Tiles Pvt Ltd1
 Anupam Nirman Pvt Ltd1
 Platinum Alloys Pvt Ltd1
 Apra Builders & Promoters Pvt Ltd1
 The Metallic Alloys1
 Arora’s JK Natural Marbles Ltd1
 ABCI Infrastructure Pvt Ltd1
 Nalwa Steel & Power Ltd1
 Calcom Cement India Limited1
 JSW1
 NALCO1
 OPG Power Generation Pvt Ltd1
 Jindal Steel & Power Limited1
 TOTAL53

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 January 07, 2022.

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