Auction of coal mines for sale of coal in a transparent manner is expected to encourage transparent pricing of coal, based on market forces. It would make maximum coal available in the market at the earliest. Number of operational coal mines of South Eastern Coalfields Limited (SECL) as on is 67.
Coal Resources in India Coal as Major Source of Energy Mix •326 Billion Tons of coal resources is estimated by the GSI up to a depth of 1200 meter. •G9 G14 grade coal resource is around 170 Billion Tons. •In the current financial year (April January 2022), total production of coal in India is in tune of 672 Million Metric Tons. •As per BP Energy Outlook, Coal will dominate with ...
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.
Notice Coal Sale through Spot eAuction for the month of April'17. Addendum to notice ref. no. MCL/SBP/GM (SM)/201718/75 dated 07/04/2017. Change in grade structure of Coal for supply under FSA. Consent for taking coal in case of revision of coal grade from 1 st April 2017.
In the last four years, more than Rs 13,200 crore has been paid to the state as part of statutory levies by SECL. Moreover, with enhanced coal production, SECL will pay around Rs 22,900 crore as ...
. South Eastern Coalfields Limited ( SECL) is the largest coal producing company of India. It is a "Miniratna" Company, and one of eight fully owned subsidiaries of Coal India Limited. [1] [2] The company has its headquarter at Bilaspur, Chhattisgarh, India and 92 mines spread over Chhattisgarh Madhya Pradesh; 70 underground ...
E M Department. In terms of composite production (in m3), Specific Energy Consumption during 202021, for CIL as a whole, was kWh/m3 visàvis kWh/m3 during 201920 with an overall decrease of % as CIL registered % growth in OBR in 202021 as compared to 201920. Total 7 nos. electrical energy audits were conducted by ...
Sale of coal under Special Forward eAuction for Power Producers Phase8 of 202122 (Jan'22Mar'22) (Ref. No. SECL/BSP/MS/EA/1907 Date: )
Coal is a black or brownishblack sedimentary rock that can be burned for fuel and used to generate electricity. It is composed mostly of carbon and hydrocarbons, which contain energy that can be released through combustion (burning). Coal is the largest source of energy for generating electricity in the world, and the most abundant fossil fuel ...
COAL is expected to dispatch ~15% of the total volumes as eauction in 2HFY24 and the current eauction premium is ~90%. Eauction process would be completely shifted to an inhouse platform from FY25E.
The country's largest coal producing company South Eastern Coalfields Limited (SECL) is leading among all subsidiaries of Coal India Limited (CIL) in cleanliness and scrap disposal. The Department of Administrative Reforms and Public Grievances had announced Special Campaign from October 2 to October 31 this year for the same.
41 Identified coal blocks for auction Technical Information . Statewise distribution of coal blocks State CM (SP) MMDR Total No. PRC ... •Presently SECL is the custodian of this mine State: Chhattisgarh District: Raigarh Coalfield: MandRaigarh ... •Close to existing coal evacuation infrastructure •Steep gradient of coal seams
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.
Gevra mega project of SECL recently became the first mine in the country to achieve 50 million tonnes of coal production. File: Miners work at the Gevra coalmines in the central Indian state of ...
2. Monthly Payments shall be based on ROM coal grade even when the ROM coal is beneficiated, and the beneficiated coal is delivered from the mining lease area. 1. As per Clause of the Tender Document, Actual Price shall mean the sale invoice value of coal, net of statutory dues including taxes, levies, royalty,
In the spot coal eauction held by CIL subsidiary South Eastern Coalfields Ltd. (SECL) on November 28, 2022, bid premiums decreased for the fourth time in a row. In May, premiums increased by 495%, but since then, they have decreased in every auction held.
c. The single cover system without technical and financial eligibility and without reverse auction for Works and Services with estimated value put to Tender below Rupees 50 Lakhs. d. The two part tendering system without reverse auction for Works and Services with estimated value put to Tender Rupees 50 Lakhs and above. e.
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.
As per the draft report of Niti Aayog, the coal demand is expected to remain in the range of 1,1921,325 million tonnes by 2030. A plan to increase all India coal production to the level of 1 BT by 202324 and coal production by Coal India Limited to 1 BT by 202425 has been prepared. The resultant increase in coal availability will be able to ...
Payment process Notice of Road mode MAY 14, 2020 SPECIAL SPOT EAUCTION 202021 JUNE 20AUG20. 114. Offer for spot eauction dated 115. T C for spot eauction dtd coaljunction is the pioneer of coal auctions in India. Along with MSTC, coaljunction has transformed the coal supply chain.
and at a price determined by themselves through the process of online bidding. Forward eAuction will facilitate all the consumers of coal across the country with wide ranging choice for booking coal online, enabling them to buy coal through a simple, transparent and consumerfriendly system of marketing of coal. Terms Conditions
After watching the performance of sale through emarketing, another 10 million tonnes has been allocated under this for the remaining period of the current financial year. A total number of 17403 bidders participated in the eauction and 10526 were successful. The total gain to CIL has been Rs.
02 Mar 2022, 09:57 AM IST. India approved eauction of coal sold by different companies via a common window to streamline availability and pricing of the fuel. Instead of specific auctions, the Cabinet Committee on Economic Affairs decided to auction coal for all end users through the single window. Earlier, the fossil was offered through e ...
Commercial Coal Mine Auctions Totally Transparent, Fair Based on Methodology Coal KB (08/11/2023) National Coal Index Increases by points in September KB (07/11/2023) Overall Coal Production in October 2023 Touches Million Tonne KB (03/11/2023)
Prime Minister Narendra Modi in June launched the auction process for coal blocks for commercial mining, a move that opens India's coal sector for private players, and expected to garner ₹33,000 crore of capital investment in the country over next five to seven years. ... SECL has offered Lakh Tonnes of Coal through Spot eAuction ...
determined by themselves through the process of online bidding. Forward eAuction will facilitate all the consumers of coal across the country with wide ranging choice for booking coal online, enabling them to buy coal through a simple, transparent and consumerfriendly system of marketing of coal. Terms Conditions
South Eastern Coalfields Ltd (SECL) has witnessed subdued sales of coal being offered in the auction, which was specifically conducted for the power producers on 20 Apr'20. The sales termed as the phase IV of special forward eauction for FY20 was originally scheduled to be held on 30 Mar'20, but, because of unavoidable circumstances due to ...
SECL Recruitment 2023: South Eastern Coalfields Limited (SECL) has invited applications for 405 vacancies of Mining Sirdar Technical and Supervisory Grade 'C' and, Technical Supervisory Grade 4 'C' posts. The application process has been started on 3rd February 2023 and the last date for the submission of the application form is 23rd February 2023.
New Delhi: South Eastern Coalfields Limited (SECL), a flagship arm of staterun Coal India Limited (CIL), has set a target to produce 182 million tonnes (MT) of dry fuel in the financial year 202223 (FY23).The ChairmancumManaging Director (CMD) of the SECL, Dr. Prem Sagar Mishra has kicked off the initiative right on the first day of the fiscal; propelling the team to meet the target.
November 2014 to November 2015, the Company tapped costly sources like eauction and imported coal for running the station, incurring extra expenditure of ` crore. Audit ... SECL before commissioning the unit on 25 March 2005. In October 2007, the New Coal Distribution Policy (NCDP) was notified stating that coal at ...
SECL was established in the year 1985 to strengthen the coal mining operations in the southeastern region of India. It was formed by carving out various coal mines from the South Eastern Coalfields, a subsidiary of Coal India Limited. Since its inception, SECL has been consistently contributing to India's energy sector and has emerged as one ...
The Cabinet Committee on Economic Affairs (CCEA) on Saturday approved a proposal for single eauction window for nonlinkage coal by Coal India (CIL) and Singareni Collieries Company (SCCL) to ...
Fines. Coal merchants and retailers could be fined by local authority enforcement officers if unauthorised coal is sold to domestic customers. Depending on how severe the offence is this ...
Scheme Document for cement subsector Page 7 of 64 "Company " shall have the meaning ascribed to such term in clause (20) of section 2 of the Companies Act, 2013, as amended from time to time. "Conditions to Auction " shall mean, with respect to each Bid, the conditions specified in Clause and submission of the documents on the Electronic Platform of the Service
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