7 bids for 5 coal blocks of Odisha
29 Jun 2023
The coal blocks of Odisha which have got response from bidders
are Badibahal, Kundanali Lubri, Machhakata (revised), Sakhigopal B Kakurhi and
Meenakshi West.
BHUBANESWAR: Seven bids have been received for five coal blocks of
Odisha in the seventh round of auction under which 103 coal and lignite mines
are for sale. Only 35 bidders including five public sector companies have shown
interest in the ongoing round of auction for 18 coal mines, said a statement of
the Ministry of Coal.
The coal blocks of Odisha which have got responses from bidders are
Badibahal, Kundanali Lubri, Machhakata (revised), Sakhigopal B Kakurhi and
Meenakshi West. The first four blocks have received a single bid while
Meenakshi West has got three bids. The five coal blocks are partially explored,
sources said.
The auction process of 103 coal mines was launched by the Ministry of
Coal on March 29, 2023. The last date for submission of technical bids was June
27, 2023. As part of the auction process, technical bids comprising online and
offline bid documents were opened on June 28, 2023.
The bids will be evaluated by a multi-disciplinary technical evaluation
committee and qualified bidders will be shortlisted for participation in the
electronic auction, to be conducted on MSTC portal shortly.