Govt asks coal block bidders to fix dates for site visit
The invite notice to the bidders by the coal ministry is for the 23 producing coal blocks to be auctioned next month.

New Delhi: Moving ahead with the process of auction of mines, the government has invited bidders to come up with dates to visit the coal blocks besides inspecting land documents of the mines. The invite notice to the bidders by the coal ministry is for the 23 producing coal blocks to be auctioned next month.[caption id="attachment_2044007" align="aligncenter" width="380"]
Coal norms. Reuters[/caption]"A schedule...has been drawn up for site visit/inspection of land documents by the bidders...The bidders are requested to intimate their willingness along with the preferred date mine-wise...and intimate the same," the coal ministry said in a notice to bidders for Schedule II coal mines."While intimating preferred date, bidders are requested to provide three alternative dates for site visit/inspection of land documents," the ministry said. For site visit, the government has kept five days (16, 19, 20, 21 and 22 January), while for inspection of land documentation document, the ministry has fixed four days (16 January, 19 January, 20 January and 21 January). The government on 25 December last year kick-started the auction process for cancelled coal mines with the launch of a portal for electronic bidding. The Union cabinet had earlier approved re-promulgation ofthe coal ordinance and necessary guidelines for mine allocations.E-auction of 23 coal mines announced for qualified bidders earlier will be held from February 14-22.The entire mine allocation process for Schedule II (in production) coal mines will be completed by March 23 with the signing of Coal Mine Development and Production Agreement, the government had said earlier. PTI

Google burns cash for first time as AI spending pushes 2026 capex to $205 billion
Tesla sells more cars but makes less money: Why Musk’s AI pivot is squeezing profits
No premium queues, 30-minute target: What changes for Indian passport applicants in UAE
Bharat Forge, Flying Whales sign pact to develop 60-tonne airships for India’s defence logistics
Air India to cut Delhi-Toronto flight time by 3 hours, resume non-stop services from August 1

