coal auction bidding process jharkhand

coal auction bidding process jharkhand

Commercial mining: Govt gets bids for 19 coal mines out

2021-7-10  The maiden auction under the commercial coal mining policy saw bidding by domestic and home-grown firms, and the highest premium received was 66.8% while the average premium quoted was 29%.

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Govt to re-auction 11 coal blocks including Burapahar and ...

Govt to re-auction 11 coal blocks including Burapahar and Tokisud-II. The final auctions will be held between December 23 and January 5, 2022. The largest blocks to be bid out in the second ...

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Commercial coal mining: Who are the winners on Day 1 of

2020-11-2  Chakla coal mine in Latehar district of Jharkhand went to Hindalco Industries Ltd as it offered the highest 14.25 percent revenue sharing; New Delhi: The e-auction process for commercial coal mining, which opened on Monday, has seen aggressive bidding by various private players in the fray for the five mines that were on offer on Day 1 ...

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Protests Against Coal Mines Auction and the EIA

2020-7-6  On June 18, 2020, the government announced the auctioning of 41 coal blocks to private companies for first-ever commercial mining. Big players like metal, power and cement producers are expected to participate in the bidding process for large mines. These 41 coal mines are in Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra and Odisha.

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Second round of commercial coal auctions starts on a ...

2021-8-6  The Union coal ministry had offered 67 blocks under the second round of auction for commercial mining received bids, against which it had received interest for only 19 coal mines. Of these, 11 blocks has received interest from only one company each, and subsequently the auction process for these blocks got annulled.

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JSMDC Tenders - JSMDC Jharkhand

2021-10-20  TENDER For Sale of Waste Dumps containing Dhibra (Mica flakes/scraps) from Giridih district and Koderma district through two stage auction process. Last date of submission of pre-bid queries : 13.05.2017 till 15.00 Hrs Date of Pre Bid Conference : 15.05.2017 at 11.00 Hrs Last Date/Time for submission of Bids [Bid Due Date]:05.06.2017 up to 13 ...

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Welcome to MSTC COAL Eauction

As per Government of India notification, the existing service tax rate of 15% will be replaced with GST rate of 18% w.e.f 01.07.2017. The GST rate shall be applicable for coal registration/ renewal/profile changes etc. e-Payment Link for De-Activated Buyer Digital Signature Certificate is mandatory for Spot Forward Coal eAuction with effect from 1st July 2010 .

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Coal auctions in the time of COVID - Frontline

2020-7-3  The Central government’s latest plan to auction off 41 coal blocks in the forest areas of Madhya Pradesh, Maharashtra, Jharkhand, Odisha and Chhattisgarh poses a threat to these eco-sensitive areas, and especially in Maharashtra it threatens one of India’s premier tiger reserves and a crucial wildlife corridor.

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‘No foreign players will bid in India’s auction of coal ...

2020-6-29  The move to auction coal blocks to private domestic and foreign interests is a reflection of the Indian government’s objective of progressively reducing imports of coal, which ran at costly 233 Mt tonnes in 2019/20, up 3.2 per cent YoY. The government has rightly been talking about reducing ‘avoidable coal imports’ to zero by 2023-24.

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What's New Ministry of Coal, GOI

Auction Of Coal Mines For Sale Of Coal List Of coal Mines : Download File Size:96.38 KB File Type: PDF : 09 Dec 2020 : 195 : Auction Of Coal Mines For Sale Of Coal Upfront Amount, Bid Security Fixed Amount : Download File Size:83.4 KB File Type: PDF : 09 Dec 2020 : 196

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Protests Against Coal Mines Auction and the EIA

2020-7-6  On June 18, 2020, the government announced the auctioning of 41 coal blocks to private companies for first-ever commercial mining. Big players like metal, power and cement producers are expected to participate in the bidding process for large mines. These 41 coal mines are in Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra and Odisha.

Read More
Second round of commercial coal auctions starts on a ...

2021-8-6  The Union coal ministry had offered 67 blocks under the second round of auction for commercial mining received bids, against which it had received interest for only 19 coal mines. Of these, 11 blocks has received interest from only one company each, and subsequently the auction process for these blocks got annulled.

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Government re-invites four coal blocks for bidding ...

2020-12-13  The Ministry of Coal has invited bids for four coal blocks once again, whose tender process was nullified in the first round of auction for commercial mining earlier. This was done as the number of technically qualified bidders for each mine was just

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Coal Auction: Mandakini, Meral Mines Sold

2015-3-6  Coal Auction: Mandakini, Meral Mines Sold. New Delhi: In fierce bidding that lasted over eight hours, Mandakini Exploration and Mining on Thursday bagged Mandakini block in

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OWNER: THE TATA POWER COMPANY LIMITED PROJECT

2021-8-26  Bidder to note that bidding for subject tender may be conducted through e-auction. Detailed bidding and auction process shall be detailed during RFQ/Bidding Stage. The tendering/procurement activities for this Project are being managed from Tata Power’s following Office address: "The Tata Power Company Limited,

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The Coal Mine Auction Explained - All You Need to Know ...

2020-11-6  The final bid that a private company makes in the auction would be the percentage of their revenue that will be shared with the government. What this means is that higher the percentage of revenue a company is willing to offer the government (in the auction), higher are the chances of them winning a particular coal block/mine.

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PM Modi launches auction of 41 coal mines for

2020-6-18  The auction process will be a two-stage tender process with technical and financial bidding. Production of all mines has registered a quantum jump in the last year: Union Minister Prahlad Joshi Union Coal and Mining minister Prahlad Joshi said that coal sector is committed to massive capital expenditure and employment plan for coal bearing regions.

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Coal Workers Strike Peoples Democracy

This coal mines auction will be different in all aspects. In a statement coal ministry stated, “The auctions have terms and conditions which are very liberal, allowing new companies to participate in the bidding process, reduced upfront amount,liberal efficiency parameters, 100

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Jharkhand moves SC, challenges auction of coal blocks for ...

The Jharkhand government has moved the Supreme Court challenging the Centre’s decision to auction coal blocks for commercial mining.(HT PHOTO.) Updated on Jun 20, 2020 06:43 PM IST Share Via

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What's New Ministry of Coal, GOI

Auction Of Coal Mines For Sale Of Coal List Of coal Mines : Download File Size:96.38 KB File Type: PDF : 09 Dec 2020 : 195 : Auction Of Coal Mines For Sale Of Coal Upfront Amount, Bid Security Fixed Amount : Download File Size:83.4 KB File Type: PDF : 09 Dec 2020 : 196

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Commercial coal auctions: Second round ... - Shipping

2021-8-4  The maiden auction under the commercial coal mining policy saw bidding by domestic and home-grown firms, where the highest premium received was 66.8% while the average premium quoted was 27%. The government had said earlier that for the second auction tranche, it will exclude mines falling in wildlife reserves and have more than 40% green cover ...

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Auction bid due date approaching for 67 coal mines for ...

2021-6-16  Jharkhand State News The Ministry of Coal held a stakeholders consultation on the ongoing second tranche of auction of coal mines for sale of coal (commercial mining), organised by FICCI. Mr M Nagaraju, IAS, Additional Secretary Nominated Authority, Ministry of Coal, Govt of India, today said: “We are offering 67 mines with a total resource of almost

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Commercial coal mining: 3 mines that got single bids will ...

2020-11-9  “Jharkhand is the highest revenue earner in this coal auction and will get around Rs 2,690 crore per annum. This revenue does not include indirect benefits like employment,” the minister said. The average premium was 21.81 percent for Madhya Pradesh (MP), 25.25 percent for Jharkhand, 18.8 percent for Odisha, 40 percent for Chhattisgarh, 30 ...

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Commercial coal auctions: Second round starts on a dismal ...

The maiden auction under the commercial coal mining policy saw bidding by domestic and home-grown firms, where the highest premium received was 66.8% while the average premium quoted was 27%.

Read More
Government re-invites four coal blocks for bidding ...

2020-12-13  The Ministry of Coal has invited bids for four coal blocks once again, whose tender process was nullified in the first round of auction for commercial mining earlier. This was done as the number of technically qualified bidders for each mine was just

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Commercial mining: Steel cos stay away from bidding in ...

2020-10-3  The auctioning process has been annulled for the rest of the mines that received either one bid or nothing," another official said. In the auction process, eight of 11 blocks in Madhya Pradesh received bids, while companies have shown their interest in six of nine coal mines in Jharkhand.

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‘No foreign players will bid in India’s auction of coal ...

2020-6-29  The move to auction coal blocks to private domestic and foreign interests is a reflection of the Indian government’s objective of progressively reducing imports of coal, which ran at costly 233 Mt tonnes in 2019/20, up 3.2 per cent YoY. The government has rightly been talking about reducing ‘avoidable coal imports’ to zero by 2023-24.

Read More
The Coal Mine Auction Explained - All You Need to Know ...

2020-11-6  The final bid that a private company makes in the auction would be the percentage of their revenue that will be shared with the government. What this means is that higher the percentage of revenue a company is willing to offer the government (in the auction), higher are the chances of them winning a particular coal block/mine.

Read More
Coal ministry extends bidding date for mine auction –

2021-6-22  The Bid due date has been extended to Thursday, July 08, 2021. The revised timeline shall be uploaded on the MSTC website. In March, India launched the second tranche of auction for commercial coal mining, offering 67 mines for sale.

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Modi government’s commercial coal auctions could

2020-8-10  This is because the floor benchmark for bidding has been set considerably lower than previous auction rounds. In coal block auctions held between 2015 and 2018, the government had fixed Rs

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