Bids for 9th round and second attempt of 7th round of commercial coal mines auction opened today

Representational image

Team News Riveting

New Delhi, February 20

The Nominated Authority, Ministry of Coal today opened the bids for the 9th round and second attempt of 7th round of commercial coal mines’ auction. This round was launched on December 20, 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 the screen for the bidders.

Under 9th round, a total of 27 coal mines were put up for auction and 33 bids were received against 13 coal mines. Under 2nd Attempt of Seventh round, a total of 5 coal mines were put up for auction and 7 bids received against 3 coal mines.

Mine-wise list of bids received is appended below:

Sr NoName of Coal MineRoundNo of Bids (Both Online and Offline)Type of Coal Mine
1Babupara East9th Round3Coking
2Badam North9th Round1Coking
3Baisi9th Round4Non-Coking
4Bhatgaon-II9th Round1Non-Coking
5Chandrauthi9th Round1Non-Coking
6Dongeri Tal-II9th Round1Non-Coking
7Dumri9th Round6Non-Coking
8Duni Central9th Round2Coking
9Jharpalam Thangarghat (Revised)9th Round1Non-Coking
10Lalgarh South9th Round3Coking
11Lamatola9th Round5Coking
12South of Damuda9th Round2Coking
13West of Shahdol (South)9th Round3Non-Coking
14MahanSecond Attempt-7th Round3Non-Coking
15Mara II MahanSecond Attempt-7th Round2Non-Coking
16Thesgora-B/ RudrapuriSecond Attempt-7th Round2Non-Coking
 TOTAL40 

A total of 27 companies including major companies like Tata Steel Ltd, JSW Steel Ltd, Rungta Sons Pvt Ltd., etc.  have submitted their bids in the auction process as per the following list:

Sr. NoName of the BidderNo of Bids Submitted
1ACC Limited1
2Amalgam Steel and Power Limited1
3Andhraminmet Private Limited1
4Bull Mining Private Limited1
5Ind Synergy Limited1
6Indermani Mineral India Pvt Ltd1
7J K Cement Limited4
8Jai Ambey Roadlines Private Limited2
9JMS Mining Private Limited1
10JSW Steel Limited4
11Maheshwari Mining (Pvt) Ltd1
12Nilkanth Coal Mining Private Limited1
13Nilkanth Infra Mining Limited1
14Ocean Capital Market Limited1
15OCL Iron & Steel Limited1
16Orissa Alloy Steel Private Limited1
17PLR Projects Private Limited1
18Rungta Sons Private Limited5
19S M Steels and Powver Limited1
20Shanti G.D. Ispat and Power Pvt Ltd1
21Shrinath Khanij Private Limited1
22Sunflag Iron & Steel Co. Ltd.2
23Tata Steel Limited2
24Agrasen Sponge Pvt Ltd1
25Mahan Energen Limited1
26Orissa Metallurgical Industry Private Limited1
27Thriveni Earthmovers Pvt. Ltd.1
 TOTAL40

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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