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

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App