Ministry of Coal revises timelines for second tranche of coal auctions
COAL & MINING

Ministry of Coal revises timelines for second tranche of coal auctions

On Tuesday, the coal ministry declared the timeline revision of the second tranche of commercial mining auctions.

In a statement, the ministry said that the last date for registration of bidders and sale of tender documents on the MSTC website, and the due date of submitting the bid is changed.

The closing date for presenting the bids has been extended to 8 July, 2021.

Additionally, it stated that the updated timeline would be uploaded on the MSTC website.

In March, the government had provided 67 coal mines for sale, starting the second tranche of commercial coal mining auctions and named it a step towards Atma Nirbhar Bharat.

Since the start of the auction regime in 2014, this has been the highest number of coal mines on a proposal in a particular tranche.

Out of the 38 coal blocks offered in the first round of auctions for commercial coal mining, the government successfully sold 20 mines.

Image Source


Also read: Coal mine auctions: Commercial tranche 2 gains traction

Also read: Ministry adds 11 more coal mines for auction

On Tuesday, the coal ministry declared the timeline revision of the second tranche of commercial mining auctions. In a statement, the ministry said that the last date for registration of bidders and sale of tender documents on the MSTC website, and the due date of submitting the bid is changed. The closing date for presenting the bids has been extended to 8 July, 2021. Additionally, it stated that the updated timeline would be uploaded on the MSTC website. In March, the government had provided 67 coal mines for sale, starting the second tranche of commercial coal mining auctions and named it a step towards Atma Nirbhar Bharat. Since the start of the auction regime in 2014, this has been the highest number of coal mines on a proposal in a particular tranche. Out of the 38 coal blocks offered in the first round of auctions for commercial coal mining, the government successfully sold 20 mines. Image Source Also read: Coal mine auctions: Commercial tranche 2 gains traction Also read: Ministry adds 11 more coal mines for auction

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?