Coal Mines Auction Begins in Meghalaya

Coal Mines Auction Begins in Meghalaya

Staff Correspondent

SHILLONG: The Ministry of Coal has started the process of auction of 27 coal mines and allotment of 15 coal mines in Meghalaya to Central PSUs and State PSUs. The government is auctioning 21 coal mines for ‘End-Use Non-Regulated Sector’ and 6 coking coal mines for ‘End Use Iron & Steel’. In case of allotment, 5 coal mines are for the power sector, 9 for sale of coal and 1 for Iron and Steel.

At Peak Rated Capacity (PRC), these 42 coal mines will produce approximately 70 MTPA. The electronic bidding will be conducted on Metal Scrap Trading Corporation (MSTC) platform. The last date of registration of bidder and sale of tender document is September 13 and bid due date is September 19. The electronic bidding will be conducted on MSTC Platform from October 10 to 8.

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