Govt organises pre-bid meeting for auction of 11 coal mines

14 Oct 2021 CW Team

On Monday, the Ministry of Coal held a pre-bid meeting for prospective bidders to sell 11 coal mines.

The ministry had also launched the second attempt of the bid for 11 coal mines, earmarked for the sale of coal in September.

Single bids were fetched from the first attempt of the bidding launched on 25th March 2021.

According to the Ministry of Coal, the presentations were prepared based on the terms and conditions of the bidding, technical details of the mines, National Coal Index by the State Bank of India (SBI) Capital Markets Limited, Central Mine Planning and Design Institute (CMPDI) and Deputy Director-General, respectively.

The bidding process will take place online through a transparent two stages process based on percentage revenue share.

The main features of the bidding are the introduction of the National Coal Index, easy participation without restrictions for earlier coal mines experience, flexibility in coal utilisation, optimising payment modes, efficient promotions via incentives for early production and using clean coal technology.

Image Source

Also read: Govt launches second attempt of commercial coal mine auction

Also read: 15 CBM blocks on offer in the first bidding round in over a decade

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..