WEBOct 28, 2023 · It also introduced provisions for financing coal mines and flexible auction terms to encourage wider participation. Pursuant to the launch of the first tranche of Commercial Coal Mine auction by Prime Minister Shri Narendra Modi in June 2020, the Ministry of Coal has successfully auctioned 91 coal mines across seven tranches.
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WEBOct 8, 2021 · The Ministry of Coal is to launch next round of auction process for forty new coal mines for sale of coal," the statement said. Union Coal and Mines Minister Pralhad Joshi will be the chief guest of the launch event, the statement said. The government, it said, is on a continuous journey to reform the coal sector and unlock value for the .
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WEBFeb 6, 2024 · Under the second attempt of the seventh round, four coal mines were put up for auction and 3 bids have been received against 3 coal mines," the coal ministry said in a statement. A total of 10 companies have submitted bids in the auction process, the coal ministry said in a statement.
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WEBNov 2, 2022 · New Delhi: The Ministry of Coal will launch the sixth tranche of auction of coal mines on 3 November. The auction will be held online through a transparent twostage process on the basis of ...
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WEBSep 19, 2022 · Eauction for eight coal mines will be conducted on 13th September and for two coal mines on 14th September, 2022. Total peak rate capacity (PRC) of the mines being put up for eauction is ...
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WEBFeb 20, 2024 · "The Ministry of Coal has received an overwhelming response for the coal mines offered under the ninth round of commercial coal mine auctions. A total of 40 bids have been received in offline form," an official statement said. The ninth tranche of auction was launched for 32 coal mines. The last date for submission of bids was February 19, .
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WEBOct 9, 2021 · "The Ministry of Coal is to launch next round of auction process for forty new coal mines for sale of coal," the statement said. Union Coal and Mines Minister Pralhad Joshi will be the chief guest of the launch event, the statement said. The government, it said, is on a continuous journey to reform the coal sector and unlock .
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WEBDec 21, 2023 · India's Government launched its 9 th round of commercial auctions for its coal mines on Wednesday, as the country looks to boost domestic production of the fossil fuel to meet increasing energy demand. The auction will see 26 mines from four states offered out; 12 in Madhya Pradesh, eight in Chhattisgarh, five in Jharkhand and one in .
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WEBApr 3, 2021 · It will open the coal economy to its full potentialdespite India having the world's 4 th largest coal reserves, it has imported million tonnes (mt) of coal in 201920. This can save 1520 billion in annual foreign exchange and commercial coal mining has the potential to create largescale jobs.
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WEBFeb 29, 2024 · Ministry of Mines has received more than 50 bids for First Tranche of Auction of Critical and Strategic Minerals indiing the strong interest and confidence in the auction process. This robust response reaffirms GOI commitment to fostering transparency, competition, and sustainable growth in the mining sector.
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WEBNov 3, 2022 · Of the 141 mines that were put up for auction in the sixth round of commercial auctions, 71 were new coal mines. Union coal minister Pralhad Joshi also announced that in the current fiscal, India ...
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WEBDec 28, 2022 · 5 th round of commercial mining launched on March 30, 2022 offering 109 coal/ lignite mines along with Second attempt of 4 th round and Second attempt of 3 rd round of commercial auction offering 4 coal mines and 9 coal mines respectively. A total of 17 coal mines with PRC of 51 MTPA has been successfully auctioned under these .
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WEBJan 12, 2024 · The Ministry of Coal has launched the process for auction of 39 coal mines under 8 th round of commercial auctions and 31 coal mines under 9 th round of commercial auctions. These 70 coal mines are from the coal bearing states of Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Telangana and West .
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WEBJun 17, 2020 · A twostage electronic auction process is being adopted for alloion of the coal mines, the statement said, adding that commercial mining will "result in selfreliance with substitution of ...
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WEBJun 29, 2022 · The Centre had initiated the auction process for sale of 122 coal/lignite mines on March 30, 2022 and the last date of submission of technical bid was till June 27, 2022.
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WEBNov 16, 2023 · Systematic surveys have been carried out before offering 39 mines for auction. The Ministry of Coal launched the eighth round of commercial coal mines auction process, in New Delhi on Wednesday. Total of 39 coal mines operational in Jharkhand, Odisha, Maharashtra, West Bengal and Bihar are on offer in this round. .
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WEBFeb 26, 2024 · Coal production from captive and commercial coal blocks has grown by 26% on year during the first ten months of the current financial year to around 112 MT. "Coal production will be exceeded in ...
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WEBJun 28, 2023 · 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. As part of the auction process, Technical Bids comprising of online and offline bid documents were .
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WEBJun 18, 2020 · PM Modi launched auction process of 41 coal blocks for commercial mining. He said that the move was aimed at achieving selfsufficiency in meeting energy needs and strengthening the country's industrial development. PM Modi remarked, "This auction process for commercial coal mines is a winwin situation for all stakeholders."
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WEBJul 20, 2022 · Auction of coal blocks is a continuous process. As per the prescribed procedure, companies may apply as and when Notice Inviting Appliion/Notice Inviting Tender is published by the Nominated Authority/Ministry of Coal. Appliions, if any, are considered as per the norms specified.
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WEBJun 26, 2023 · The auction process of 103 coal and lignite mines for sale of coal under 7th round of commercial coal mine auctions was launched by the nominated authority, Ministry of Coal on March 29, 2023. The last date for submission of online Technical Bids for all the coal mines is 1200 hours on June 27, 2023 and offline submission is 1600 .
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WEBMar 28, 2023 · The portal is shall map the relevant appliion formats as well as process flows for grant of the approval/clearances. On March 29, 2023, the Ministry of Coal is launching the process for7 th round of auctions for a total of 106 coal blocks. The coal mines on offer are selected considering the varied demands of the investors.
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WEBDec 27, 2021 · 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 .
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India is rich in various mineral resources and it is an important mineral processing market
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