Ministry Of Coal Opens Bids For 12th Round Of Commercial Coal Blocks’ Auction

A total of 38 bids were received against 8 coal blocks offered in the 12th round

The Nominated Authority, Ministry of Coal today opened the bids for the 12th round of commercial coal blocks’ auction (excluding 6 underground coal blocks). The round received good response from the bidders. Bids have been received for 11 coal blocks out of 22 coal blocks.

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. 41 bids have been received online as well as in physical form against 11 coal blocks.

A total of 38 bids were received against 8 coal blocks offered in the 12th round. Under 2nd Attempt of 11th round, a total of 3 coal blocks were put up for auction and 3 bids were received against 3 coal blocks with each blocks receiving 1 bid.

Block -wise list of bids received online is as under:

S. No.Name of Coal BlockRoundNo. of Bids (Both Online and Offline)Type of Coal Block
1Chitarpur (Revised)12th Round6Non-Coking
2Cholapathar12th Round6Non-Coking
3Mahuagarhi12th Round4Non-Coking
4Mandakini B12th Round2Non-Coking
5Patal East (Western Part)12th Round1Non-Coking
6Phutamura12th Round13Non-Coking
7Tambia South12th Round1Coking
8West of Tubed12th Round5Non-Coking
9Jawardaha South2nd Attempt – 11th Round1Non-Coking
10Margo East2nd Attempt – 11th Round1Non-Coking
11Margo West2nd Attempt – 11th Round1Non-Coking
 TOTAL41

A total of 27 companies have submitted their bids in the auction process. More than 10 new companies have participated for the first time under commercial coal block auction. The list is as submitted below:

S. No.Name of the BidderNo. of Bids Submitted
1Adas Mining and Infra Pvt Ltd1
2Alom Solar Pvt Ltd1
3Amalgam Steel and Power Ltd3
4AMPL Resources Pvt Ltd1
5Damodar Valley Corporation4
6Godawari Commodities Ltd1
7Jindal Steel and Power Limited1
8KSK Mahanadi Power Co. Ltd.1
9MSP Mines and Minerals Ltd1
10Nilkanth Special Minerals Pvt Ltd.1
11NLC India Limited1
12Nuravi Infrastructure Projects Pvt Ltd1
13Oriental Quarries and Mines Pvt Ltd3
14Orissa Alloy Steel Pvt Ltd2
15Orissa Metallurgical Industry Pvt Ltd1
16Penna Enterprises Limited1
17Penna Shipping Limited3
18Rama Metals and Energy Pvt Ltd1
19Saisurya Professional Services Pvt Ltd2
20Shaktibhumi Mining Private Limited1
21Shyam Ores (Jharkhand) Pvt. Ltd.1
22Shyam Sel and Power Ltd1
23Shyama Biocons Private Limited1
24Sunflag Iron & Steel Co. Ltd.2
25VPR Mining Infra Limited1
26Western Coalfields Limited1
27Jharkhand Exploration and Mining Corporation Limited3
 TOTAL41

The participation of new companies in the commercial coal block auction shows the interest of the companies towards the policy. The coal sector will continue to fuel the economy to become the third-largest economy in the world.

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.

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