process of auction of coal mines

Press Information Bureau

Press Information Bureau

Commercial coal mining auctions are completely different from the earlier regime of restricted sectors, use and price. Now, there are no such restrictions at all. ... Ministry of Coal has now launched the auction process of 24 new coal mines (9new mines under Tranche 14 of CM(SP) Act and 15 new mines under the Tranche 4 of MMDR Act).

How India allowed RPSanjiv Goenka firms to beat coal auctions Al Jazeera

How India allowed RPSanjiv Goenka firms to beat coal auctions Al Jazeera

27 Feb 2023. New Delhi, India At 11am on January 31, 2015, India's Ministry of Coal started the online bidding for the Sarisatolli coal mine in the eastern state of West Bengal. But it did ...

FM kicks off India's largest coal mine auction Fortune India 500

FM kicks off India's largest coal mine auction Fortune India 500

Image: PIB. Finance Minister Nirmala Sitharaman on Thursday kicked off sixth round of coal mine auction the country's largest ever coal mine auction with 141 mines on the block across eleven states. As many as 133 coal mines were put up for auction, out of which 71 are new mines and 62 are rolling over from earlier tranches of commercial ...

Press Information Bureau

Press Information Bureau

Commercial Auction of coal on revenue share mechanism: Since Launch of auction of coal mines for commercial mining in June 2020, a total of 4 rounds of auction have been conducted in which total 292 coal mines were offered. In 3 rounds, 42 coal mines have been successfully auctioned. Further, in respect of 4 th round of auction, bids were ...

Government receives 38 bids for commercial mines' auction

Government receives 38 bids for commercial mines' auction

The online bids received as part of the auction process will be opened on Tuesday from 10 AM onwards in the presence of interested prospective bidders, coal ministry said in a statement. According to the coal ministry statement, a total of 28 offline bids were received against 15 coal mines under fifth tranche of commercial mines' auction.

Opening of Technical Bids for Auction of Coal Mines Under Commercial Mining

Opening of Technical Bids for Auction of Coal Mines Under Commercial Mining

The auction process of 141 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on November 03, 2022. The last date of submission of Technical Bid for all the coal was January 30, 2023. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened here today ...

Online auction of 39 coal mines across 5 states begins

Online auction of 39 coal mines across 5 states begins

The Ministry of Coal launched the eighth round of commercial coal mines auction process, in New Delhi on Wednesday. Total of 39 coal mines operational in Jharkhand, Odisha, Maharashtra, West Bengal and Bihar are on offer in this round.

Commercial mining: Government launches '2nd attempt' of auction process ...

Commercial mining: Government launches '2nd attempt' of auction process ...

NEW DELHI: The Centre on Monday announced the launch of the "second attempt" of the auction process for 11 coal mines for commercial mining. These were the mines that were offered in the first ...

India launches first part of critical minerals auction worth bln

India launches first part of critical minerals auction worth bln

Nov 29 (Reuters) India on Wednesday launched the first part of its critical minerals auction worth an estimated 450 billion rupees ( billion), the country's mines minister said.

Government Launches 7th Tranche Of Coal Mine Auctions To Boost ...

Government Launches 7th Tranche Of Coal Mine Auctions To Boost ...

Tags. The government on Wednesday launched the seventh round of commercial coal auctions in a bid to increase the availability of the dry fuel in the country. A total of 106 coal mines were put on ...

COAL MINE AUCTION PROCESS The Economic Times

COAL MINE AUCTION PROCESS The Economic Times

The Supreme Court has dismissed Jindal Steel Power Ltd's appeal to stop the development of the Chhendipada coal mine in Odisha. Rungta Sons, the highest bidder in an eauction of commercial coal mines, was granted the coal block. JSPL claimed that technical glitches on the MSTC portal prevented them from submitting a higher bid.

PDF Agenda Ministry of Coal

PDF Agenda Ministry of Coal

•Auction of mines for PLcumML •Amendment in FDI policy to allow 100% FDI under automatic route for coal mining activities, for sale of coal •National Coal Index implemented to create a transparent, marketbased pricing mechanism •Revamped Approval Process of Mine Plan, Geological Reports and Impetus on Fast

Ministry of Coal, Government of India

Ministry of Coal, Government of India

Auction/Allotment. Coal mining in India has been metamorphosed as far as the policy framework is concerned. From an earlier restrictive model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific enduse to permitting commercial sale of coal. The auctionbased regime introduced ...

Press Information Bureau

Press Information Bureau

The Ministry of Coal and the Ministry of Mines jointly held the Investors' conclave on commercial coal mines auction and opportunities in mining sector on 3rd December, in Bengaluru where Union Minister of Coal, Mines and Parliamentary Affairs, Shri Pralhad Joshi was the Chair, Chief Minister of Karnataka, Shri Basavaraj Somappa Bommai was the Chief Guest, and Minister of Mines Geology for ...

Will rolling auction improve coal allocation? The Hindu BusinessLine

Will rolling auction improve coal allocation? The Hindu BusinessLine

So on March 25, when launching auctions for the second tranche of commercial coal mining, the highest number of mines on offer in a particular tranche of auction after commencement of the auction ...

Press Information Bureau

Press Information Bureau

The auction process of 141 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on November 03, 2022. The last date of submission of Technical Bid for all the coal was January 30, 2023.

Ministry of Coal, Government of India

Ministry of Coal, Government of India

Ministry of Coal has launched 6th tranche and second attempt of 5th tranche of commercial coal / lignite mine auction on In this tranche, 141 mines are offered, out of which 133 are offered under 6th tranche and 8 are offered under second attempt of 5th tranche. Of 133 mines offered under 6th tranche, 29 mines are under CM (SP) Act ...

Brief Description of Mines MSTC ECommerce

Brief Description of Mines MSTC ECommerce

Notice of Bank Account Details for Bank Guarantee. Brief on Court Cases pertaining to coal mines offered in 6th Tranche and 2nd Attempt of 5th Tranche of Auction of coal mines for commercial mining. Tr16CMSPTr6MMDRUpfrontAmountBidSecurityandFixedAmount__133 Mines.

COMMERCIAL COAL MINING AUCTION PROCESS MSTC ECommerce

COMMERCIAL COAL MINING AUCTION PROCESS MSTC ECommerce

Auction of unexplored and partially explored coal blocks for prospecting licensecummining lease. All auctions of coal mines will be for sale of coal only No restriction on utilisation of coal Mineral Concession (Amendment) Rules, 2020, CM(SP) Amendment Rules, 2020 and Coal Block Allocation

Press Information Bureau

Press Information Bureau

Over 40 new coal blocks having about 10% of reserve of Chhattisgarh has been decided to be kept out of coal mining. Nine coal mines falling in dense HasdeoArand coal field have also been kept out for further round of auctions of coal blocks. Similarly, the request of Government of Tamil Nadu for exclusion of three lignite mines from further ...

42 mines auctioned till date for commercial mining: Coal Ministry

42 mines auctioned till date for commercial mining: Coal Ministry

"Under the commercial coal mining auction process, a total of 42 coal mines, including. mines auctioned in tranche3, have been successfully auctioned till date with a total cumulative PRC (peak rate capacity) of million tonnes per annum (MTPA)," the statement said.

AUCTION OF COAL MINES FOR SALE OF COAL MSTC ECommerce

AUCTION OF COAL MINES FOR SALE OF COAL MSTC ECommerce

List of Coal Mines for Auction Mine Summary of Coal Mines Notifications/Notices Timelines Result. Standard Tender Documents Standard CMDPA Response to Queries Corrigendum Addendum Standard Vesting Order. ARCHIVES.

Govt to kick off critical minerals auction on Nov 29

Govt to kick off critical minerals auction on Nov 29

New Delhi: The Ministry of Mines has announced the government's plan to conduct the first tranche auction of critical and strategic minerals on November 29, 2023. Union Minister of Coal, Mines and Parliamentary Affairs, Pralhad Joshi will be launching the firstever critical minerals auction process.

Welcome to MSTC ECommerce

Welcome to MSTC ECommerce

Competent Authority has approved the methodology for auction of coal mines/blocks identified under the relevant Act for sale of coal as mentioned in para 2 below: Methodology and other conditions for auction of coal mines for sale of coal: Applicability: It shall be applicable on auction of all fully explored coal blocks/mines ...

Coal Block Allocations and the 2015 Bill PRS Legislative Research

Coal Block Allocations and the 2015 Bill PRS Legislative Research

The 2015 Bill primarily seeks to allocate the coal mines that were declared illegal by the Supreme Court. It provides details for the auction process, compensation for the prior allottees, the process for transfer of mines and details of authorities that would conduct the auction. In December 2014, the ministry notified the Coal Mines (Special ...

PDF Opening of Technical Bids for Auction of Coal Mines Under Commercial ...

PDF Opening of Technical Bids for Auction of Coal Mines Under Commercial ...

The auction process of 141 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on November 03, 2022. The last date of submission of Technical Bid for all the coal was January 30, 2023. As part of the auction process, Technical Bids comprising of

Coal Mining in India ClearIAS

Coal Mining in India ClearIAS

Rolling Auctions: To expedite the process for conducting auctions and to carry out more rounds of auctions in a year, a mechanism of rolling auctions of coal mines has been planned. Single Window Clearance: The Union government has launched a Single Window Clearance portal for the coal sector to speed up the operationalization of coal mines. It ...

PDF Auction of Coal Blocks for Commercial Mining

PDF Auction of Coal Blocks for Commercial Mining

After successful auction of 64 coal mines in the five tranches, Ministry of Coal has now launched the auction process of 71 new coal mines (18 new mines under Tranche 16 of CM(SP) Act and 53 new mines under the Tranche 6 of MMDR Act). With coal mines rolling over from 2nd attempt of third tranche of commercial auctions and 2nd attempt of fourth

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