New Delhi: The process of the 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 the 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.
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.
