Ministry of Coal Opens Technical Bids for 103 Coal Mines
POWER & RENEWABLE ENERGY

Ministry of Coal Opens Technical Bids for 103 Coal Mines

On March 29, 2023, the Nominated Authority, Ministry of Coal, began the auction procedure for 103 coal/lignite mines for the selling of coal. The deadline for submitting Technical Bids for all coal mines was June 27, 2023. Technical Bids, which included both online and offline bid documents, were opened today (June 28, 2023) as part of the auction process. In the presence of the bidders, the online bids were decrypted and opened electronically. Following that, sealed envelopes holding offline bid paperwork were opened in front of bidders. The entire process was shown to the bidders on screen.

A total of 35 bids (both online and offline) were received in two tranches of commercial coal mine auctions (7th tranche and 2nd try of 6th tranche). In the seventh batch of auctions, a total of 34 bids were received both online and offline against 17 coal mines, with two bids received solely online but not offline. Two or more offers were received for seven coal mines, totaling 24 bids (both online and offline) for seven coal mines, while ten coal mines received single bids (both online and offline). Nine of the 17 coal mines have been partially investigated, while the remaining mines have been fully explored. The total peak rated capacity (PRC) of fully developed coal mines is 47.80 million tons per year.

Under 2nd Attempt of Sixth tranche, a total of 5 coal mines were put up for auctions and one bid has been received against 1 coal mine which is a fully explored non-coking coal mine. The PRC of the coal mine is 4 MTPA.

The bids will be evaluated by a multi-disciplinary Technical Evaluation Committee and Technically Qualified Bidders will be shortlisted for participation in the electronic auction, to be conducted on MSTC portal shortly.

See also:
Cabinet greenlights Rs 29.80 bn for Coal and Lignite Exploration
India to close 30 coal mines, promote reforestation


On March 29, 2023, the Nominated Authority, Ministry of Coal, began the auction procedure for 103 coal/lignite mines for the selling of coal. The deadline for submitting Technical Bids for all coal mines was June 27, 2023. Technical Bids, which included both online and offline bid documents, were opened today (June 28, 2023) as part of the auction process. In the presence of the bidders, the online bids were decrypted and opened electronically. Following that, sealed envelopes holding offline bid paperwork were opened in front of bidders. The entire process was shown to the bidders on screen. A total of 35 bids (both online and offline) were received in two tranches of commercial coal mine auctions (7th tranche and 2nd try of 6th tranche). In the seventh batch of auctions, a total of 34 bids were received both online and offline against 17 coal mines, with two bids received solely online but not offline. Two or more offers were received for seven coal mines, totaling 24 bids (both online and offline) for seven coal mines, while ten coal mines received single bids (both online and offline). Nine of the 17 coal mines have been partially investigated, while the remaining mines have been fully explored. The total peak rated capacity (PRC) of fully developed coal mines is 47.80 million tons per year. Under 2nd Attempt of Sixth tranche, a total of 5 coal mines were put up for auctions and one bid has been received against 1 coal mine which is a fully explored non-coking coal mine. The PRC of the coal mine is 4 MTPA. The bids will be evaluated by a multi-disciplinary Technical Evaluation Committee and Technically Qualified Bidders will be shortlisted for participation in the electronic auction, to be conducted on MSTC portal shortly. See also: Cabinet greenlights Rs 29.80 bn for Coal and Lignite ExplorationIndia to close 30 coal mines, promote reforestation

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Innovision Wins NHAI Toll Collection Contract at Aashpur Fee Plaza

Innovision Limited has informed stock exchanges that it has been awarded a user fee collection and facility maintenance contract by the National Highways Authority of India (NHAI). The letter of award was issued on 10 August 2026 for operations at Aashpur Fee Plaza at design kilometre 231.100 on National Highway number 91 between Aligarh and Kanpur in Uttar Pradesh. The engagement covers collection of user fees for four and more lane sections and the upkeep and maintenance of adjacent toilet blocks including replenishment of consumable items. The contract was secured through a competitive e-te..

Next Story
Infrastructure Urban

Bharat Electronics Secures Rs.5,410 mn In Orders

Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has secured additional orders worth Rs.5,410 million (mn) since the last disclosure on 31 July 2026. The fresh awards raise the company's recently reported intake and were announced by way of a regulatory filing on 10 August 2026. The orders span multiple business verticals and are incremental to contracts already under execution. The update follows the company's routine disclosure obligations to the stock exchanges. Major orders received include communication equipment, electro optics, ammunition fuzes, Chemical B..

Next Story
Infrastructure Urban

United Drilling Tools Receives US Order For Gas Lift Mandrel

United Drilling Tools Limited said it has received an order from Tri Lift Services Inc of the United States for the supply of a gas lift mandrel to be used in the oil and gas industry. The company said the disclosure was made to listing authorities under the Securities and Exchange Board of India listing rules and the SEBI master circular of November 2024. The notice set out the nature of the contract as commercial and awarded by an international entity. The order is to be executed in the ordinary course of business and carries an estimated contract value of Rs four point eight three million (..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement