process of auction of coal mines

States to approve land acquisition process for private coal miners

States to approve land acquisition process for private coal miners

The Union ministry of coal wants minebearing states to choose the legal framework they will follow for land acquisition by private coal miners as part of the ongoing commercial coal auction. This comes after some states protested that the Centre was encroaching on their right to approve land acquisition for private miners.

Coal Ministry Opens Bids for Commercial Coal Mining Auction

Coal Ministry Opens Bids for Commercial Coal Mining Auction

The auction process of 103 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on March 29,2023. The last date for submission of Technical Bids for all the coal mines was June 27, 2023.

PDF COMMERCIAL MINING OF COAL Press Information Bureau

PDF COMMERCIAL MINING OF COAL Press Information Bureau

Prime Minister Narendra Modi coal mining leases was finalised and approved by the government in February 2018. Since Coal India Limited's production is unable to meet the demand of noncaptive industry requirement of coal, there has been a surge in import of coal.

COAL BLOCK AUCTION The Economic Times

COAL BLOCK AUCTION The Economic Times

A total of 22 companies have placed 35 bids for 18 coal blocks in the commercial coal mining auction, according to the press release from the Coal Ministry. The Sherband coal mine has received the highest number of bids, followed by other selected mines. ... "As part of the auction process, Technical Bids comprising of online and offline bid ...

Centre proposes to take over mine auction, some states oppose

Centre proposes to take over mine auction, some states oppose

The changes have been opposed by some states that see it as another attempt by the Centre to take over mining auctions and impose central rules on a matter in state domain. Except for coal, states ...

Government Launches 7th Tranche Of Coal Mine Auctions To Boost ...

Government Launches 7th Tranche Of Coal Mine Auctions To Boost ...

Tags. The government on Wednesday launched the seventh round of commercial coal auctions in a bid to increase the availability of the dry fuel in the country. A total of 106 coal mines were put on ...

Ministry of Coal launches 8th round of commercial coal mines auction ...

Ministry of Coal launches 8th round of commercial coal mines auction ...

New Delhi: The Ministry of Coal on Wednesday launched the eighth round of commercial coal mines auction process. A total of 39 coal mines are on offer, said officials. "Today Union Coal Minister Pralhad Joshi started the 8th round of commercial coal mines auction. In this total 39 coal blocks are offered. Out of this, 35 coal blocks are being offered for the first time and the other 4 have ...

Press Information Bureau

Press Information Bureau

The Ministry of Coal and the Ministry of Mines jointly held the Investors' conclave on commercial coal mines auction and opportunities in mining sector on 3rd December, in Bengaluru where Union Minister of Coal, Mines and Parliamentary Affairs, Shri Pralhad Joshi was the Chair, Chief Minister of Karnataka, Shri Basavaraj Somappa Bommai was the Chief Guest, and Minister of Mines Geology for ...

Brief Description of Mines MSTC ECommerce

Brief Description of Mines MSTC ECommerce

Notice of Bank Account Details for Bank Guarantee. Brief on Court Cases pertaining to coal mines offered in 6th Tranche and 2nd Attempt of 5th Tranche of Auction of coal mines for commercial mining. Tr16CMSPTr6MMDRUpfrontAmountBidSecurityandFixedAmount__133 Mines.

PDF Commercial Mining of Coal

PDF Commercial Mining of Coal

the auction process of 41 coal mines for commercial mining with an aim to achieve selfsufficiency in meeting energy needs and boost industrial development. India concluded its first commercial coal mine auctions in 2020. A total of 19 coal mines were auctioned in this first tranche, which is the highest number of suc

Supreme Court quashes allocation of 214 coal blocks

Supreme Court quashes allocation of 214 coal blocks

Coal blocks: SC rejects private miners' plea. In its 27page order cancelling the allocation of 214 coal blocks on Wednesday, a threejudge Bench headed by Chief Justice of India Lodha ...

PDF Agenda Ministry of Coal

PDF Agenda Ministry of Coal

•Auction of mines for PLcumML •Amendment in FDI policy to allow FDI under automatic route for coal mining activities, for sale of coal •National Coal Index implemented to create a transparent, marketbased pricing mechanism •Revamped Approval Process of Mine Plan, Geological Reports and Impetus on Fast

Press Information Bureau

Press Information Bureau

Commercial coal mining auctions are completely different from the earlier regime of restricted sectors, use and price. Now, there are no such restrictions at all. ... Ministry of Coal has now launched the auction process of 24 new coal mines (9new mines under Tranche 14 of CM(SP) Act and 15 new mines under the Tranche 4 of MMDR Act).

Coal Block Allocations and the 2015 Bill PRS Legislative Research

Coal Block Allocations and the 2015 Bill PRS Legislative Research

The 2015 Bill primarily seeks to allocate the coal mines that were declared illegal by the Supreme Court. It provides details for the auction process, compensation for the prior allottees, the process for transfer of mines and details of authorities that would conduct the auction. In December 2014, the ministry notified the Coal Mines (Special ...

Press Information Bureau

Press Information Bureau

Commercial Auction of coal on revenue share mechanism: Since Launch of auction of coal mines for commercial mining in June 2020, a total of 4 rounds of auction have been conducted in which total 292 coal mines were offered. In 3 rounds, 42 coal mines have been successfully auctioned. Further, in respect of 4 th round of auction, bids were ...

Evaluating coal block auctions ScienceDirect

Evaluating coal block auctions ScienceDirect

The lack of objectivity and transparency in process of allocation has been accepted and the Government of India formulated a policy and mechanism for auction in 2012 through amendment in the MMRD Act and notification of Auction by Competitive Bidding of Coal Mines Rules, 2012.

Government unveils auction process for coal mines | Mint

Government unveils auction process for coal mines | Mint

Government unveils auction process for coal mines 3 min read 18 Jun 2020, 11:39 PM IST Join us Utpal Bhaskar The auction of 41 coal blocks, announced by PM Narendra Modi, is expected to...

Press Information Bureau

Press Information Bureau

The auction shall be held online through a transparent two stage process, on the basis of Percentage Revenue Capital Markets Limited, the sole Transaction Advisor to Ministry of Coal for the commercial coal mine auctions, had devised the methodology and is assisting the Ministry of Coal in conducting the auction process.

Rules governing allocation of coal blocks in India. iPleaders.

Rules governing allocation of coal blocks in India. iPleaders.

Allocation of Coal Blocks through 2015 Bill. The bill creates three categories of mines. Schedule I It consists of all 204 mines which were cancelled by the honourable Supreme Court. According to the bill, the allocation of these mines could be either through public auction or public allocations.

42 coal mines auctioned till date for commercial mining: Government ...

42 coal mines auctioned till date for commercial mining: Government ...

Representative Image. The government on Saturday said that a total of 42 coal blocks have been auctioned till date for commercial mining. Of the said blocks, 10 coal mines were auctioned this week under the third tranche, the coal ministry said in a statement. "Under the commercial coal mining auction process, a total of 42 coal mines ...

Will rolling auction improve coal allocation? The Hindu BusinessLine

Will rolling auction improve coal allocation? The Hindu BusinessLine

So on March 25, when launching auctions for the second tranche of commercial coal mining, the highest number of mines on offer in a particular tranche of auction after commencement of the auction ...

PDF Auction of Coal Blocks for Commercial Mining

PDF Auction of Coal Blocks for Commercial Mining

After successful auction of 64 coal mines in the five tranches, Ministry of Coal has now launched the auction process of 71 new coal mines (18 new mines under Tranche 16 of CM(SP) Act and 53 new mines under the Tranche 6 of MMDR Act). With coal mines rolling over from 2nd attempt of third tranche of commercial auctions and 2nd attempt of fourth

AUCTION OF COAL MINES FOR SALE OF COAL MSTC ECommerce

AUCTION OF COAL MINES FOR SALE OF COAL MSTC ECommerce

List of Coal Mines for Auction Mine Summary of Coal Mines Notifications/Notices Timelines Result. Standard Tender Documents Standard CMDPA Response to Queries Corrigendum Addendum Standard Vesting Order. ARCHIVES.

Mineral auction regime in India: challenges and future outlook

Mineral auction regime in India: challenges and future outlook

The aim and purpose of this paper is to describe auction as a mode to grant mineral concessions based on various judicial pronouncements, recommendations of highlevel committees, proposed legislative reforms in form of bills 4, ordinances 5, and enactments (act) including amendments and suitable notification of New National Mineral Policy 2019 ...

Commercial mining: 53 bids for 20 coal mines; Vedanta, Hindalco, JSW ...

Commercial mining: 53 bids for 20 coal mines; Vedanta, Hindalco, JSW ...

The auction process of 88 mines for sale of coal was launched by the Ministry of Coal on October 12, according to an official statement."A total of 53 bids have been received for 20 coal mines of which 16 are fully explored mines and four are partially explored mines," it said. Two of these mines are coking coal blocks and the remaining 18 mines are noncoking coal blocks.