Seven companies that have submitted bids for four coal blocks put up for sale under second attempt of auction process for 11 mines for commercial mining in India. Total seven bids were received by the ministry for four coal blocks namely Beheraband North Extn, GondbaheraUjheni East, Lalgarh (North) and Tokisud Block II. The seven firms are Auro Coal Pvt Ltd, JSW Steel, MP Natural Resources Pvt Ltd, Adhunik Power & Natural Resources, Assam Mineral Development Corp Ltd, Virtuous Mining Ltd and Twenty First Century Mining Pvt Ltd. The last date of submission of technical bid was November 29.The auction process for 11 coal mines under second attempt of 12th tranche of auction under the Coal Mines (Special Provisions) Act, 2015 and second attempt of 2nd tranche of auction under the Mines and Minerals (Development and Regulation) Act, 1957 for sale of coal was launched by the coal ministry on September 27. These coal mines were also offered in the first attempt launched on March 25 this year and had fetched single bids.
Seven companies that have submitted bids for four coal blocks put up for sale under second attempt of auction process for 11 mines for commercial mining in India. Total seven bids were received by the ministry for four coal blocks namely Beheraband North Extn, GondbaheraUjheni East, Lalgarh (North) and Tokisud Block II. The seven firms are Auro Coal Pvt Ltd, JSW Steel, MP Natural Resources Pvt Ltd, Adhunik Power & Natural Resources, Assam Mineral Development Corp Ltd, Virtuous Mining Ltd and Twenty First Century Mining Pvt Ltd. The last date of submission of technical bid was November 29.The auction process for 11 coal mines under second attempt of 12th tranche of auction under the Coal Mines (Special Provisions) Act, 2015 and second attempt of 2nd tranche of auction under the Mines and Minerals (Development and Regulation) Act, 1957 for sale of coal was launched by the coal ministry on September 27. These coal mines were also offered in the first attempt launched on March 25 this year and had fetched single bids.