NTPC, Hindalco, JSPL amongst 22 companies in 7th round of business coal mines auction

An overall of 22 business consisting of the mining arm of power leviathan NTPC, Jindal Steel and Power, Hindalco Industries and Tamil Nadu Circulation & & Generation Corporation (Tangedco) have actually put 35 quotes for 18 blocks under the current business coal mines auction.

Besides NTPC, 4 other PSUs consisting of NLC India and Gujarat Mineral and Advancement Corporation (GMDC) have actually likewise sent quotes in the present round of auctions.

Under the seventh round of business coal mines auction, the Coal Ministry has actually used 106 coal and lignite blocks. The last date for submission of technical quotes was Tuesday.

As part of the auction procedure, technical quotes including online and offline quote files were opened on Wednesday, the Ministry stated.

35 Quotes.

” An overall of 35 quotes (both online and offline) were gotten under 2 tranches (7th tranche and second effort of sixth tranche) of business coal mine auctions,” it included.

Under the seventh tranche, an overall of 34 quotes both online and offline were gotten versus 17 coal mines and 2 quotes were gotten just online however not offline.

Of these 17 coal mines, 9 are partly checked out whereas the staying mines are totally checked out. The cumulative peak ranked capability (PRC) of the totally checked out coal mines is 47.80 million tonnes per year (MTPA). One mine is coking coal, while 16 are non-coking coal blocks.

Under 2nd effort of 6th tranche, an overall of 5 coal mines were set up for auctions and one quote has actually been gotten versus 1 coal mine which is a totally checked out non-coking coal mine. The PRC of the coal mine is 4 mtpa.

Lignite miner NLC India, JSPL, and GMDC have actually put quotes for 3 mines each, while NTPC Mining and Hindalco Industries have actually put in quotes for 2 blocks each. Tangedco and Odisha Coal and Power have actually put quotes for one block each.

The Ministry stated that quotes will be examined by a multi-disciplinary Technical Examination Committee and Technically Qualified Bidders will be shortlisted for involvement in the electronic auction to be performed on MSTC portal soon.



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