Ministry of Coal receives 38 bids for auction of coal mines for commercial mining

The Ministry of Coal has received 38 offline bids under three tranches – fifth tranche, second attempt of fourth tranche and second attempt of third tranche – of commercial coal mine auctions.

Under fifth tranche of auctions, a total of 28 offline bids were received against 15 coal mines, where 2 or more bids have been received for 8 coal mines. Under second attempt of third tranche, a total of 9 coal mines were put up for auctions and 6 bids have been received against 6 coal mines. Under second attempt of fourth tranche, a total of 4 coal mines were put up for auctions and 4 bids have been received against 3 coal mines. The three tranches of commercial coal mine auction were launched by the Ministry of Coal on March 30, 2022. The last date for submission of online technical bids for all the coal mines was 12:00 hours on June 27, 2022 and offline submission was 16:00 hours on June 27, 2022. The online bids received as part of the auction process will be opened on June 28, 2022.

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