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February 17, 2015

Results of E-Auction for 8 Schedule II Coal Mines

 

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The Tender Process for the Scheduled II 23 coal mines was started on December 27, 2014 with the release of Tender Documents. As a part of auction process, Technical Bids, both online bids and offline supporting documents were opened on 3rd February 2015 in the presence of Bidders.

In the first stage of the tender process, bidders submitted their technical bids on MSTC portal created for the purpose. Bidders were also required to submit separately a sealed envelope containing bank guarantee, power of attorney and the affidavit. The cut-off date for submission of technical bids was 12:00 noon, February 03, 2015.

The electronic bids were decrypted and opened electronically in the presence of bidders. Entire process was displayed on the screen for the bidders. Subsequently, sealed envelopes containing bank guarantee, power of attorney and affidavit were also opened in the presence of bidders. These bids has been evaluated by a multi-disciplinary Technical Evaluation Committee to shortlist bidders for participation in the electronic auction conducted on MSTC portal from February 14, 2015.

Results of the E-Auction are as below:

  1. Talabira I : Rs 478/MT by GMR Chhattisgarh Energy Limited
  2. Sial Ghoghri : Rs 1402/MT by Reliance Cement Company Private Limited
  3. Sarisatolli : Rs 470/MT by CESC Limited
  4. Belgaon : Rs 1785/MT by Sunflag Iron and Steel Company Limited
  5. Kathautia : Rs 2860/MT by Hindalco Industries Limited
  6. Marki Mangli III: Rs 918/MT by BS Ispat Ltd
  7. Mandla North : Rs 2505/MT by Jaiprakash Associates Limited
  8. Trans Damodar : Rs 940/MT by The Durgapur Projects Limited

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