Principal Scientific Adviser chairs meeting to discuss Biomass Cultivation (See 'Corp Brief') SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal (See 'Legal Desk') Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC (See 'Legal Desk') Competition Act - In absence of any apparent anti-competitive conduct, decision of purchase or sale of product and quantity thereof is driven by commercial considerations of market players : CCI (See 'Legal Desk') Slum Rehabilitation Act - Preferential right to owner is available only when someone other than owner is being preferred and owner has never before been given or availed of right to develop : HC (See 'Legal Desk') India Pavilion at World Hydrogen Summit showcases Green Hydrogen Mission (See 'Corp Brief') CPC - Application can be dismissed as Intervener has already initiated its own remedy by way of independent Execution Petition : HC (See 'Legal Desk') SEBI Act - Appellant has not shown sufficient cause for condonation of delay in filing appeal : SAT (See 'Legal Desk') PMLA - When questions relating to legality of arrest is under consideration, more holistic and libertarian view is to release Chief Minister of Delhi on interim bail for Lok Sabha General Elections : SC (See 'Legal Desk') Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 - Order for forfeiture of properties is rightly made as property is occupied through lllegal earning : Tribunal (See 'Legal Desk') Summer Power demand expected to be adequately met during both day and night (See 'Corp Brief') Arbitration Act - As petitioner is not notified as 'financial institution' or 'bank' under RDB Act, there is no bar on parallel proceedings to co-exist under A&C Act as well as SARFAESI Act : HC (See 'Legal Desk') Cr.P.C. - Once order issuing process has been set aside, then applicant has no right to file application u/s 482 of Cr.P.C. for quashment of complaint case : HC (See 'Legal Desk') Competition Act - WordPress.org is justified in taking appropriate action against any developer found non-compliant with prescribed standards and regulations : CCI (See 'Legal Desk') Ministry of Skill signs MoU with Mahindra Ltd to conduct two Pilot Projects (See 'Corp Brief')

Print

Govt opens technical bids for auction of Coal Mines

Published: Oct 01, 2020

By TIOLCORPLAWS News Service

NEW DELHI, OCTOBER 01, 2020: TECHNICAL Bids comprising of online and offline bid documents as a part of the auction process of 38 coal mines, were opened yesterday i.e. September 30, 2020, 10:00 am onwards in New Delhi, in the presence of the bidders. Bidders were provided with the option of joining the meeting in-person or virtually. The auction process of 38 coal mines for sale of coal was launched by Ministry of Coal on June 18, 2020. The last date of submission of technical bid was 2:00 pm on September 29, 2020.

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 76 bids have been received for 23 coal mines. Two or more bids have been received for 19 coal mines. Mine-wise list of bids received is appended below:

Mine

No. of Bids

Bandha

3

Brahmadiha

6

Chakla

3

Chendipada & Chendipada II

1

Dhirauli

2

Gare Palma IV/1

3

Gare Palma IV/7

8

Gondulpara

4

Gotitoria (East) & Gotitoria (West)

8

Kuraloi (A) North

1

Marki Mangli-II

3

Radhikapur (East)

4

Radhikapur (West)

4

Rajhara North (Central & Eastern)

4

Sahapur (East)

4

Sahapur (West)

4

Seregarha

1

Takli-Jena-Bellora (North) & Takli-Jena-Bellora (South)

2

Urma Paharitola

6

Urtan

2

Urtan North

3

Total

76

A total of 42 companies have submitted their bids in the auction process as per the following list:

Name of the Bidder

No of Bids Submitted

The Andhra Pradesh Mineral Development Corporation Limited

4

Adani Power Resources Limited

1

Adicorp Enterprises Pvt Ltd

1

Agarwal Mining Pvt Ltd

1

Alankar Tradelinks Pvt. Limited

1

Adani Enterprises Limited

7

Aurobindo Reality & Infrastructure Pvt. Ltd.

4

Bharat Aluminium Company Limited

1

Bansal Construction Works Pvt Ltd

1

Bhupati Mining Pvt. Limited

1

Boulder Stone Mart Pvt. Ltd.

1

Chendipada Collieries Pvt. Ltd.

1

Chowgule and Company Pvt. Ltd

2

Cuprum Bagrodia Ltd

1

DB Power Ltd

1

Dilip Buildcon Ltd.

1

EMIL Mines & Minerals Resources Ltd.

4

Everdeliver Logistics Pvt. Limited

1

Fairmine Carbon Pvt. Ltd.

1

Gangaramchak Mining Pvt. Ltd.

1

Hindalco Industries Ltd.

5

India Coke and Power Pvt Ltd

2

Inspire Construction and Coal Pvt. Ltd

1

Jindal Power Limited

2

Jindal Steel & Power Limited

2

JMS Mining Pvt. Ltd.

5

JSW Steel Limited

1

Mahavir Clean Fuel Mining Pvt. Ltd

1

NALCO

1

ND Pharma Private Limited

1

Net Energy Pvt Ltd

1

Nilkanth Coal Mining Pvt Ltd

1

Nuvoco Vistas Corp. Ltd

1

Refex Industries Ltd

1

Saraf Trading Comp. Pvt. Ltd.

1

Sarda Energy & Mineral Ltd.

3

Mr Jai Baba Casting Pvt. Ltd.

1

Stratatech Mineral Resources Pvt Ltd

3

Sunflag Iron & Steel Comp. Ltd.

2

Vedanta Limited

3

Welspun Steel Limited

1

Yazdani International Pvt. Ltd

1

Total Bids

76

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 October 19, 2020.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.