Redeveloped Sullurupeta Railway station in AP inaugurated (See 'Corp Brief') India Post Payments Bank partners with Aditya Birla Capital (See 'Corp Brief') 'CemHack for Green Infra' Hackathon launched (See 'Corp Brief') NI Act - In order to fasten vicarious liability in accordance with Section 141 for dishonour of cheque by company, averment as to role of Directors concerned should be specific: SC (See 'Legal Desk') India advances people-led Biodiversity Conservation (See 'Corp Brief') Nadda chairs 'Kayakalp Manthan' with hospitals, NGOs and senior officials (See 'Corp Brief') Misc - Filing of supplementary chargesheets does not, in itself, render initial chargesheet incomplete: HC (See 'Legal Desk') International Tea Day Convention held at Vanijya Bhawan (See 'Corp Brief') India reaffirms Global Health commitment at 78th World Health Assembly (See 'Corp Brief') CRCL and IIT Delhi sign MoU to promote ease of doing business (See 'Corp Brief') FERA - Since non-resident has stayed in India for period exceeding 182 days in financial years, preceding purchase of residential properties, he is entitled to purchase residential premises: SAFEMA (See 'Legal Desk') IREDA bags 'Excellent' Rating from DPE (See 'Corp Brief') TRAI exends last date for feedbacks on tariff for DLCs (See 'Corp Brief') PMLA - Adjudicating Authority should be cautious to record that finding on commission of crime would be recorded by Special Court trying criminal case: SAFEMA (See 'Legal Desk') TRAI hosts seminar on Universal & Meaningful Connectivity on World Telecom Day (See 'Corp Brief') Theme for World Bee Day 2025 is 'Bee inspired by nature to nourish us all' (See 'Corp Brief') CCI approves acquisition of majority stake of Nazara Technologies by Axana Estates LLP (See 'Corp Brief') CCI nod for acquisition of Batlivala & Karani Securities by 360 ONE (See 'Corp Brief') A&C - Arbitral tribunal can exclude period, from date on which cause of action arose, till date on which award is made for purpose of grant of interest: SC (See 'Legal Desk') CCI approves acquisition of equity of Haldiram Snacks by Jongsong Investments (See 'Corp Brief') CCI okays acquisition of Bajaj Allianz companies by Bajaj Finserv (See 'Corp Brief') A&C - Mere allegation of fraud/ misconduct does not divest arbitral tribunal of its jurisdiction to adjudicate in personam disputes stemming from contractual relationships governed by arbitration agreement: SC (See 'Legal Desk') Ayush showcases India's Holistic Health Power at Osaka Expo (See 'Corp Brief') 61% pensioners' grievances resolved within a month on CPENGRAMS portal (See 'Corp Brief') PMLA - Issue of retrospectivity has to be examined with reference to time of commission of act which constitutes 'money laundering' and not with reference to time of commission of act which constituted scheduled offence: SAFEMA (See 'Legal Desk') Development Plan for National Waterway-2 on Brahmaputra approved (See 'Corp Brief') India calls for Inclusive Energy Governance at BRICS (See 'Corp Brief') IBC - Duty of Insolvency Professional, in respect of his assignment, continues at all time times, as and when required, including his accountability towards AA or Appellate Authority or Board with respect to that CIRP: IBBI (See 'Legal Desk') Bihar showcases Global Agri-Food Potential at International Buyer-Seller Meet 2025 (See 'Corp Brief') Chouhan virtually interacts with State Ministers on 'Viksit Krishi Sankalp Abhiyan' (See 'Corp Brief') SEBI - Company secretary/ compliance officers of DCHL are not liable for violations committed by company and its directors in absence of specific proven involvement or legal obligation to verify financial data: SAT (See 'Legal Desk') Cybercrime Centre goes for new e-Zero FIR initiative to nab any criminal: HM (See 'Corp Brief') ICAR to host annual conference of VCs and Directors (See 'Corp Brief') ECI begins training programme for BLO Supervisors from Jharkhand (See 'Corp Brief') Benami Act - Provisional attachment of funds transferred in strange transactions, without sufficient explanation, need no interference: SAFEMA (See 'Legal Desk') Minister lays bricks for Rs 42 Cr Integrated Aquapark in Tripura (See 'Corp Brief') Bluwheelz FCO Program - Aiding Micro-Entrepreneurs and Advancing EV Logistics (See CORP EINSICHT) IBC - Once property vests with State Competent Authority under MPID Act, such vesting cannot be impeded by invoking IBC moratorium: SC (See 'Legal Desk') Govt to establish PACS in every panchayat by 2029: HM (See 'Corp Brief') A&C - Willful & wanton wastage of judicial time is highly deplorable practice and its high time that arbitration clauses are phrased with precision and not couched in ambiguous phraseology: SC (See 'Legal Desk') IICA and DGR conclude 2nd Certification Program for Senior Defence Officers (See 'Corp Brief') A&C - Once arbitral award is passed and no objection as to jurisdiction of arbitral tribunal had been taken at relevant stage, then award could not have been annulled only on ground of lack of jurisdiction: SC (See 'Legal Desk') Union Minister to inaugurate Fish Festival in Tripura (See 'Corp Brief') IBC - Inter-se dispute on claim of financial institutions challenging provisional attachment over recovery of dues cannot be determined by Tribunal having limited jurisdiction: SAFEMA (See 'Legal Desk') 'Yoga Unplugged': Youth-centric initiative for International Day of Yoga (See 'Corp Brief') PMLA - Seizure of bank account cannot be annulled on ground that appellant has not been named as accused despite in possession of proceeds of crime: SAFEMA (See 'Legal Desk')

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
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.