At the time when we had received the approval from the Ministry of Coal to sell coal through eauction process in an efficient and transparent manner to over 10,000 buyers of coal across the ...
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Coal India informed analysts that it aims to sell 15 per cent of its production in the second half of the current fiscal (September 2023March 2024) through eauctions, which currently command a premium of around 90 per cent over the Fuel Supply Agreement (FSA) price. "We are expecting 15 per cent of production to be eauctioned in the second ...
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Stateowned Coal India Limited's coal allocation under spot eauction scheme declined by per cent to million tonnes in the last fiscal (201819).
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What is an eauction? By simplifying the entire coal purchasing process with the help of the Internet, CoalJunction has been successful in providing the most efficient, convenient and transparent solution to coal the use of technology, coaljunction has been providing an online platform on which to trade in a fair and transparent manner.
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5. Post eAuction process: Each successful bidder will be intimated through email / SMS by the Service Provider on the same date after the closure of eAuction. However, it will be the responsibility of the bidder to personally see and download the resu lt displayed on website, on the same date after close of eAuction.
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Auction/Allotment. Coal mining in India has been metamorphosed as far as the policy framework is concerned. From an earlier restrictive model, we have moved on to granting coal mining blocks pursuant to a competitive bidding process, and from prescribing specific enduse to permitting commercial sale of coal. The auctionbased regime introduced ...
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Notably, post the RussiaUkraine war, eauction premium for coal has been at elevated levels of over 200 per cent. The reforms in eauction process, in terms of unifying all the eauction windows, to form a single coal eauction window have helped remove market distortions and contributed to higher premiums.
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"After completion of technical evaluation, 27 coal mines which received more than one bid, will be put up for forward auction from Monday, February 27, 2023 onwards," the ministry said in a statement. In a bid to familiarise bidders with the auction process, mock eauction will be conducted on February 24.
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The MMDR Amendment Act, 2015, which came into force on 12 January 2015 has ushered in the regime of transparent and nondiscretionary grant of mineral concessions, and thereafter all the concessions of major minerals are granted through auction. Further, the eauction process for the grant of mineral blocks has laid the foundation stone for ...
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Online Registration Process. Registration is a simple twostep process : Step 1. Fill up all the mandatory fields marked with (*) in the Online Registration Form below. ... Mandatory requirement for participating in CIL eauctions. Submit Digital Signature Certificate; Should you desire any help or clarification, do not hesitate to speak to our ...
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The Coal Mines (Special Provisions) Rules, 2014 (Coal Mines Rules, 2014) were published vide the Gazette of India on December 11, 2014 and set out the rules to assist the Coal Mines (Special Ordinance) 2014 (now the Act, 2015). The Coal Mines Rules, 2014 set out the process for the setting up of the nominated authority, auction process ...
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Coal India Ltd is set to launch its own eauction platform, and the mining major has informed new and existing bidders to register on the portal, a top company official said. At present, the eauction portal is managed by mjunction and stateowned MSTC Ltd. Eauction sales account for around 120 million tonnes annually for Coal India, while the rest is sold through fuel supply agreements and ...
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Chakla coal mine in Latehar district of Jharkhand went to Hindalco Industries Ltd as it offered the highest percent revenue sharing. New Delhi: The eauction process for commercial coal mining, which opened on Monday, has seen aggressive bidding by various private players in the fray for the five mines that were on offer on Day 1.
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Settings Auction Notice mstcindia Help FAQs Contact Us Bidding Guide Apply for Reactivation of your coal account through link Login for New/deactivated Bidders. Click for more info.
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Coal requirement of the Specified End Use Plant (in kcal) met through any captive coal mine(s) minus Coal requirement of the Specified End Use Plant (in kcal) met through any allocation of coal linkage(s) pursuant to auction process of any lot conducted by the CIL under this Scheme Document and/ or by SCCL
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Ministry of Coal had launched the auctions of coal mines for commercial mining under 6 th round and second attempt of 5 th round on November 03, 2022. Forward auctions for these mines have been started on and on the 2 nd day of the eauction, 6 coal mines were put up for auction of which 3 coal mines were CMSP coal mines and 3 coal mines were MMDR coal mines.
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As Chief Guest, Union Minister of Coal, Mines and Parliamentary Affairs, Shri Pralhad Joshi will be launching the first ever critical minerals auction process. Twenty blocks of critical and strategic minerals being auctioned are spread across the country. This is a landmark initiative that will boost our economy, enhance national security and ...
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27 Nov 2023. Dear Winner of SAIL CD eauction dtd. :Please obtain your lot confirmation letter available under your login in 27 Nov 2023. Dear Winner of SAIL CD eauction dtd. :Please deposit the coal value within the stipulated time as per scheme in 25 Nov 2023.
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Coal technology has also advanced over the years, and emissions of soot and gases released in the burning of coal have been greatly reduced. New coal pollution mitigation technology, which often refers to carbon capture and storage, is a new and stilldeveloping technology that seeks to capture carbon dioxide from power plants, and prevent it ...
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What's new about the recent auction of 41 coal blocks is that this is the first time private players have been allowed to mine coal for commercial mining purposes, without any enduse ...
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Notice from WCL for conducting EAuction of coal on on CMPDIL Coal eAuction portal click here (Size : 5 , Format : PDF, Language : English)
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eAuction for procurement of coal. 2. Registration: Before participation in the eAuction, a prospective Buyer shall be required to get itself / ... Post eAuction process: Each successful bidder will be intimated through email / SMS by the Service Provider on the same date after the closure of eAuction. However, it will be the ...
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A little about us. coaljunction is mjunction's coal sales division which enables the entire coal buying community in India to buy coal through the Internet. coaljunction conducts eSales on behalf of Coal India Limited (CIL) and its subsidiaries, the largest coal conglomerate in the world. coaljunction has made the entire buying process not only ...
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The auction process of 141 coal/lignite mines for sale of coal was launched by the Nominated Authority, Ministry of Coal on November 03, 2022. The last date of submission of Technical Bid for all the coal was January 30, 2023. As part of the auction process, Technical Bids comprising of online and offline bid documents were opened here today ...
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The government on Saturday approved offering of dryfuel by coal companies, including stateowned CIL, through a common eauction window instead of sectorspecific auctions. The approval was given ...
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Notice Regarding Mock Auction Process Demonstration by CMPDIL. Notice Single Window Mode Agnostic EAuction for September2023. ... Offer for special eauction of coal to Power Producers for TPPS with long term /Medium Term PPA. Allocation of Quantity (Revised on ) Schedule of dates (Updated on ) ...
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The final call price had increased percent above the original asking price, from 1,150 to 1,290 Chinese yuan (170190) per tonne. "The initial trade shows that coal contracts will help to ...
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Coal 2021 is the world's most comprehensive forecast of coal demand, supply and trade, based on detailed analysis of the most recent data at country and sectoral level, broken down by coal grade (thermal coal, coking coal, pulverised coal injection and lignite).Coal 2021 presents real data for 2019 and 2020, the most uptodate estimates for 2021, and forecast for 2022, 2023 and 2024.
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CIL is pleased to announce launching of IN HOUSE EAUCTION PLATFORM. All existing and new bidders, desirous to obtain coal through eauction from CIL sources, are hereby requested to visit the Coal India eAuction Portal (), developed by NIC and facilitated by CMPDIL (a Subsidiary of Coal India Limited), for Registration process.
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कोयला ईनीलामी / Coal Eauction. Notice: As per Government of India notification, the existing service tax rate of 15% will be replaced with GST rate of 18% The GST rate shall be applicable for coal registration/ renewal/profile changes etc.
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