Date | Jan 15, 2015: PTI reported that moving ahead with the process of auction of mines, the government has invited bidders to come up with dates to visit the coal blocks besides inspecting land documents of the mines.
The invite notice to the bidders by the coal ministry is for the 23 producing coal blocks to be auctioned next month.
Coal ministry in a notice to bidders for Schedule II coal mines said that “A schedule has been drawn up for site visit/ inspection of land documents by the bidders. The bidders are requested to intimate their willingness along with the preferred date mine-wise and intimate the same.”
The ministry said that “While intimating preferred date, bidders are requested to provide three alternative dates for site visit/inspection of land documents.”
For site visit, the government has kept five days (16, 19, 20, 21 and 22 January), while for inspection of land documentation document, the ministry has fixed four days (16, 19, 20 and 21 January). The government on 25th December last year kick-started the auction process for cancelled coal mines with the launch of a portal for electronic bidding.
The Union Cabinet had earlier approved re-promulgation of the coal ordinance and necessary guidelines for mine allocations. E-auction of 23 coal mines announced for qualified bidders earlier will be held from 14-22 February.
The government said that the entire mine allocation process for Schedule II (in production) coal mines will be completed by 23rd March with the signing of Coal Mine Development and Production Agreement.
(Source: http://coal.steelguru.com/)