Govt receives bids for 6th round of commercial coal auction
COAL & MINING

Govt receives bids for 6th round of commercial coal auction

In the technical stage of the sixth commercial coal auction, which offered 133 coal and lignite mines, the government has received bids for 32 mines.

According to a statement from the administration, 86 bids were submitted for the 32 coal mines. The 56 businesses that filed proposals were NTPC Ltd, Jindal Power Ltd, Jindal Steel & Power Ltd, Vedanta Ltd, JSW Steel Ltd, NLC India Ltd, Dalmia Cement, Shree Cement, Ultratech Cement, and Ambuja Cement.

An evaluation committee will review the bids, and the technically qualified bidders will be shortlisted for the electronic auction's next stage.

32 coal mines were offered, and 32 have been fully or partially investigated. The total annual peak rated capacity of the coal mines that have been fully explored is 85.62 million tonnes. Coking coal, which is primarily utilised in the making of steel, is found in one of the 32 mines.

The mines in Chhattisgarh's Gare Palma Sector IV/2 and IV/3, which have been thoroughly explored, attracted most bids.

The second-highest number of offers were received for the fully explored Namchik Namphuk mine in Arunachal Pradesh, which was followed by Banai-Bhalumuda in Chhattisgarh.

Four of the eight mines that had only received a single bid in the fifth tranche were offered again in the most recent auction.

According to the official, two of the four mines received single bids once more and will now be taken into consideration for allocation.

For all of the mines offered in the sixth round, the deadline for submitting technical bids was Monday.

According to the government, this is the biggest bid that has ever been submitted since the auction for commercial coal mines began in June 2020.

In the sixth round of commercial auctions held in November, the coal ministry had offered 133 coal mines, 71 of which were brand-new and 62 of which were carried over from prior tranches.

109 coal and lignite mines, as well as the second try of the fourth and third rounds, were auctioned in the auction's fifth round. 17 mines in total, with a peak annual capacity of 51 million tonnes, were successfully placed.

In the technical stage of the sixth commercial coal auction, which offered 133 coal and lignite mines, the government has received bids for 32 mines. According to a statement from the administration, 86 bids were submitted for the 32 coal mines. The 56 businesses that filed proposals were NTPC Ltd, Jindal Power Ltd, Jindal Steel & Power Ltd, Vedanta Ltd, JSW Steel Ltd, NLC India Ltd, Dalmia Cement, Shree Cement, Ultratech Cement, and Ambuja Cement. An evaluation committee will review the bids, and the technically qualified bidders will be shortlisted for the electronic auction's next stage. 32 coal mines were offered, and 32 have been fully or partially investigated. The total annual peak rated capacity of the coal mines that have been fully explored is 85.62 million tonnes. Coking coal, which is primarily utilised in the making of steel, is found in one of the 32 mines. The mines in Chhattisgarh's Gare Palma Sector IV/2 and IV/3, which have been thoroughly explored, attracted most bids. The second-highest number of offers were received for the fully explored Namchik Namphuk mine in Arunachal Pradesh, which was followed by Banai-Bhalumuda in Chhattisgarh. Four of the eight mines that had only received a single bid in the fifth tranche were offered again in the most recent auction. According to the official, two of the four mines received single bids once more and will now be taken into consideration for allocation. For all of the mines offered in the sixth round, the deadline for submitting technical bids was Monday. According to the government, this is the biggest bid that has ever been submitted since the auction for commercial coal mines began in June 2020. In the sixth round of commercial auctions held in November, the coal ministry had offered 133 coal mines, 71 of which were brand-new and 62 of which were carried over from prior tranches. 109 coal and lignite mines, as well as the second try of the fourth and third rounds, were auctioned in the auction's fifth round. 17 mines in total, with a peak annual capacity of 51 million tonnes, were successfully placed.

Next Story
Resources

Investor Home Solutions Hosts Landmark Branded Residences Meet

India’s luxury property market marked a significant milestone as Investor Home Solutions (IHS) brought together over 2,000 all-industry high-net-worth investors under one roof at Yashobhoomi, New Delhi. Held on 10 January, the invite-only meet focused exclusively on the emerging branded residences segment, underscoring its growing relevance within India’s ultra-luxury real estate landscape.The meet moved away from conventional property showcases and instead centred on investment-led discussions, market insights and long-term value creation in globally inspired luxury residences. It highlig..

Next Story
Infrastructure Urban

CAQM Orders Closure of 16 NCR Industrial Units

The Commission for Air Quality Management (CAQM) recently directed the closure of 16 industrial units across the National Capital Region after inspections revealed gross and persistent violations of environmental norms. The action is part of CAQM’s intensified enforcement drive to curb air pollution and ensure strict compliance with statutory directions. Of the affected units, one is located in Uttar Pradesh (NCR), one in Rajasthan (NCR), while the remaining 14 operate in Haryana’s Sonipat district. The inspections identified serious lapses, including operation without mandatory Consent t..

Next Story
Infrastructure Urban

National MISHTI Workshop Held in Vijayawada

A national-level workshop on MISHTI (Mangrove Initiative for Shoreline Habitats and Tangible Incomes) was held recently in Vijayawada, Andhra Pradesh, bringing together forest officials, experts and key stakeholders to deliberate on sustainable mangrove conservation and restoration. The workshop was inaugurated by Deputy Chief Minister of Andhra Pradesh Shri Pawan Kalyan, who acknowledged the leadership of Prime Minister Shri Narendra Modi and the support of Union Minister for Environment, Forest and Climate Change Shri Bhupender Yadav in strengthening mangrove conservation efforts through th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App