New Delhi: Adani Enterprises Ltd, Hindalco Industries Ltd. JMS Mining Pvt. Ltd., Andhra Pradesh Mineral Development Corp. Ltd, EMIL Mines and Minerals Resources Ltd, Vedanta Ltd and Jindal Power Ltd are among 42 companies that have bid for 23 coal mines put on auction for commercial mining, according to a government official.
While a total of 38 coal mines were put for auction, 76 bids were received for 23 coal mines. The auction was launched by the coal ministry on 18 June, with the technical bids opened on Wednesday.
“Technical Bids comprising of online and offline bid documents as a part of the auction process of 38 coal mines, were opened today i.e. September 30, 2020, 10:00am onwards in New Delhi, in the presence of the bidders. Bidders were provided with the option of joining the meeting in-person or virtually. The auction process of 38 coal mines for sale of coal was launched by Ministry of Coal on June 18, 2020. The last date of submission of technical bid was 2:00 pm on September 29, 2020,” coal ministry said in a statement.