Coal Ministry Receives Bid For One Of 3 Coal Blocks In Odisha

Representative photo

New Delhi: The nominated authority of the Ministry of Coal has received one bid for only for a coal block in Odisha.

The last date for submission of technical bids for auction process of 4 coal mines at Chendipada, Chendipada-II and Kuraloi (A) North in Odisha and Seregarha in Jharkhand coal blocks was January 27.

The online and offline bid documents were opened on Thursday at Ministry of Coal, Shastri Bhawan, New Delhi, in the presence of the representative of bidders.

Bidders were provided with the option of joining the meeting in-person or virtually. The online bids were decrypted and opened electronically and subsequently, sealed envelopes containing offline bid documents were also opened.

One bid has been received for Kuraloi (A) North coal mine. No bids have been received for the other coal mines, according to a Ministry of Coal release.

It may be mentioned that this was second auction process of the coal mines after the first process was annulled as the number of technically qualified bidders was less than 2.