Bids Open for Underground Coal Blocks in 12th Round
COAL & MINING

Bids Open for Underground Coal Blocks in 12th Round

The Ministry of Coal has opened bids for the 12th round of commercial underground coal block auctions. Out of six blocks on offer, two received submissions. A total of 14 bids—submitted both online and offline—were received for the Rajgamar Dipside (Deavnara) and Rajgamar Dipside (South of Phulakdih Nala) blocks, both classified as non-coking coal reserves.

Eight companies participated in the bidding process. Each of the first six firms submitted two bids, while two others submitted one bid each. The companies in the fray include Godawari Power and Ispat, Dilip Buildcon, TMC Mineral Resources, Singhal Steel and Power, NRSKS Mines and Minerals, Shyam Ores (Jharkhand), Mivaan Steels, and Shyam Metalics and Energy.

The bids were opened in the presence of all participating companies, first electronically via online decryption followed by the opening of sealed offline documents. The process was made transparent by displaying live updates on-screen.

Moving forward, a multi-disciplinary Technical Evaluation Committee will assess the proposals. Bidders who pass this technical review will be eligible to participate in the next phase: electronic auctions to be held on the MSTC portal.

The opening of bids marks a significant step in India’s continued efforts to expand commercial coal mining under the latest auction round.

The Ministry of Coal has opened bids for the 12th round of commercial underground coal block auctions. Out of six blocks on offer, two received submissions. A total of 14 bids—submitted both online and offline—were received for the Rajgamar Dipside (Deavnara) and Rajgamar Dipside (South of Phulakdih Nala) blocks, both classified as non-coking coal reserves.Eight companies participated in the bidding process. Each of the first six firms submitted two bids, while two others submitted one bid each. The companies in the fray include Godawari Power and Ispat, Dilip Buildcon, TMC Mineral Resources, Singhal Steel and Power, NRSKS Mines and Minerals, Shyam Ores (Jharkhand), Mivaan Steels, and Shyam Metalics and Energy.The bids were opened in the presence of all participating companies, first electronically via online decryption followed by the opening of sealed offline documents. The process was made transparent by displaying live updates on-screen.Moving forward, a multi-disciplinary Technical Evaluation Committee will assess the proposals. Bidders who pass this technical review will be eligible to participate in the next phase: electronic auctions to be held on the MSTC portal.The opening of bids marks a significant step in India’s continued efforts to expand commercial coal mining under the latest auction round.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement