Govt re-invites bids for 4 coal blocks

15 Dec 2020 CW Team

The Coal Ministry has re-invited bids for four coal blocks, which had their tender process annulled in the first round of auction for commercial mining, as there was only one technically qualified bidder for each mine. Three of these blocks are in Odisha, while the remaining one is in Jharkhand.

Thenotice from the Coal Ministry inviting new bids mentioned that the nominated authority had conducted the first attempt of the first tranche of auction under Coal Mines(CM) (Special Provisions (SP)) Act. Additionally, it conducted the first tranche under the Mines and Minerals (Development and Regulation)(MMDR) Act of Identified Coal Mines tender document that is dated 18 June 2020.

Additionally, it mentioned that technically qualified bidders for the tender were less than two. This was mainly for Chendipada, Chendipada-II as well as Kuraloi (A) North coal mines located in Odisha and Seregarha block, Jharkhand; however, the process was annulled.

The blocks have an annual peak-rated capacity of approximately 52 million tonnes (mt).

The Ministry added that the nominated authority would initiate the second attempt of the auction with the same terms and conditions as the first attempt of auction.

The first auction of coal mines for commercial winning experienced fierce competition.

Previously, Coal Minister Pralhad Joshi mentioned that 19 auctioned mines would generate total revenue of nearly Rs 70 billion per annum while creating more than 69,000 jobs, once it is operational.

Prime Minister Narendra Modi, had launched the auction process for 41 coal blocks for commercial mining, in June. It witnessed some larger corporate groups including Adani Enterprise, Vedanta, Jindal Power as well as Hindalco Industries.

Image Source

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..