Coal Ministry Receives Twenty Six Bids For Auction of Eleven Coal Mines for Sale of Coal

14th Tranche of Auction under the Coal Mines (Special Provisions) Act, 2015

The process of 4th Tranche of Auction of coal mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on December 16, 2021. The last date of submission of Technical Bid was February 28, 2022. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened here today (March 02, 2022) at 10:00 AM onwards in the presence of the bidders.

The online bids were decrypted and opened electronically in the presence of the bidders. Subsequently, sealed envelopes containing offline bid documents were also opened in the presence of bidders. Entire process was displayed on the screen for the bidders. A total of 26 (Twenty-Six) bids have been received (both online and offline) against 11 (Eleven) coal mines. Two or more bids have been received for 5 (five) coal mines. Mine-wise list of bids received is appended below:

Sl NoName of Coal MineNo of Bids
3Gare Palma IV/68
4Rabodih OCP3
5-6Utkal B1 & B26
9Dongeri Tal – II1
10-11Rampia & Dip Side of Rampia1
 Total Bids26

A total of 21 companies have submitted their bids (both online and offline) in the auction process as per the following list:

Sr. NoName of the BidderNo of Bids Submitted
 Kalki Ispat Pvt Ltd1
 BS Ispat Ltd1
 YJSL Logistics LLP1
 Virtuous Mining Ltd1
 Auro Coal Pvt Ltd1
 Indermani Mineral India Pvt Ltd1
 Sarda Energy & Mineral Ltd1
 Shyam Metalics & Energy Ltd2
 CG Natural Resources Pvt Ltd1
 JSW Steel Limited2
 Jindal Steel & Power Ltd2
 Sarda Mines Pvt Ltd2
 Bharat Aluminium Company Ltd1
 Renga Engineering Works India (P) Ltd1
 Twenty First Century Mining Pvt Ltd1
 Chennai Radha Engineering Works (P) Ltd1
 Tamil Nadu Generation & Distribution Corporation Ltd1
 Mahanadi Mines and Minerals Pvt Ltd2
 Rungta Sons Pvt Ltd1
 Krishery Pvt Ltd1
 Amaltas Aviation Services Pvt Ltd1
 Total Bids26

The bids will be evaluated by a multi-disciplinary Technical Evaluation Committee and Technically Qualified Bidders would be shortlisted for participation in the electronic auction to be conducted on MSTC portal from March 24, 2022.

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