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Construction : Exclusive Report | February 2014 | Source : Construction Update

GOI initiates auction of coal blocks

The Government of India has invited applications for the auction of coal blocks through competitive bidding for specified end uses. The Ministry of Coa has offered three Coal Blocks for the auction. These are: 1. Jhirki & Jhirki (West) of East Bokaro Coalfield, Jharkhand having approximate Geological Reserves of 267.91 MT (Coking Coal) for Steel (Blast Furnace). 2. Andal Babuisol of Raniganj Coalfield, West Bengal having approximate Geological Reserves of 103.841 MT for Sponge Iron. 3. Tokisud-II of South Karanpura Coalfield, Jharkhand having approximate Geological Reserves of 127.692 MT for Cement. The bidders are required to bid above the prescribed floor price. The detailed documents including RFP, copy of the Geological Report, etc. are available for sale at Central Mine Planning and Design Institute Ltd (CMPDIL) Office, Ranchi.
 
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