The document outlines the schedule and timeline for the 16th tranche of auction under the Coal Mines (Special Provisions) Act, 2015 and the 6th tranche of auction under the Mines and Mineral (Development and Regulations) Act, 1957. Key events include the publication of notices, pre-bid meetings, submission of queries from bidders, site visits, registration of bidders, sale of tender documents, bid due date, opening and examination of bids, electronic auction for qualified bidders, recommendation of successful bidder, approval and intimation to successful bidder, execution of agreement, furnishing of performance security, and issuance of vesting/allocation order. The timeline provides estimated dates for
The document outlines the schedule and timeline for the 16th tranche of auction under the Coal Mines (Special Provisions) Act, 2015 and the 6th tranche of auction under the Mines and Mineral (Development and Regulations) Act, 1957. Key events include the publication of notices, pre-bid meetings, submission of queries from bidders, site visits, registration of bidders, sale of tender documents, bid due date, opening and examination of bids, electronic auction for qualified bidders, recommendation of successful bidder, approval and intimation to successful bidder, execution of agreement, furnishing of performance security, and issuance of vesting/allocation order. The timeline provides estimated dates for
The document outlines the schedule and timeline for the 16th tranche of auction under the Coal Mines (Special Provisions) Act, 2015 and the 6th tranche of auction under the Mines and Mineral (Development and Regulations) Act, 1957. Key events include the publication of notices, pre-bid meetings, submission of queries from bidders, site visits, registration of bidders, sale of tender documents, bid due date, opening and examination of bids, electronic auction for qualified bidders, recommendation of successful bidder, approval and intimation to successful bidder, execution of agreement, furnishing of performance security, and issuance of vesting/allocation order. The timeline provides estimated dates for
16TH TRANCHE OF AUCTION UNDER COAL MINES (SPECIAL PROVISIONS) ACT, 2015 TH 6 TRANCHE OF AUCTION UNDER MINES AND MINERAL (DEVELOPMENT AND REGULATIONS) ACT, 1957
Sl. No. Event Description Estimated Date
1 (i) Publication of notice inviting tender (NIT) in one T0 Thursday, November 03, 2022 English and one Hindi national newspaper (ii) Publication of NIT on the website of MoC (iii) Publication of NIT and Tender Document on the website of MSTC Ltd (iv) Commencement of sale of Tender Document on the website of MSTC Ltd The date of completion of the last sub-event among the above sub-events shall be considered T0 2 Pre-bid meeting T0 + 13 Wednesday, November 16, 2022 3 Last date of receiving written queries from Bidders T0 + 22 1600 hours IST on Friday, November 25, 2022 4 Last date for written responses to queries by the Nominated T0 + 36 Friday, December 09, 2022 Authority 5 Last date of receiving written requests for Site Visit T0 + 42 1600 hours IST on Thursday, December 15, 2022 6 Last date for registration of bidder at the website of MSTC T0 + 49 Thursday, December 22, 2022 7 Last date for sale of Tender Document at the website of T0 + 53 Monday, December 26, 2022 MSTC 8 Bid Due Date T0 + 57 Online Submission on MSTC Platform in accordance with Clause 3.A.(i) of Annexure III: 1200 hours IST on Friday, December 30, 2022
Offline submission at Office of Nominated
Authority in accordance with Clause 3.A.(ii) of Annexure III: 1600 hours IST on Friday, December 30, 2022 9 Opening of the Technical Bid (s) T0 + 60 Monday, January 02, 2023 10 Start date of examination of the Technical Bid (s) T0 + 61 Tuesday, January 03, 2023 11 End date of examination of the Technical Bid (s) T0 + 81 Monday, January 23, 2023 12 Conduct of electronic auction (Financial Bid – Final Offer) T0 + 82 - Tuesday, January 24, 2023 - Monday, February for the Qualified Bidders T0 + 95 06, 2023 13 Recommendation by the Nominated Authority to the T0 + 99 Friday, February 10, 2023 Central Government for selection of Successful Bidder 14 Approval of Successful Bidder by the Central Government T1 15 Intimation to the Successful Bidder (subject to receipt of T1 + 2 instruction from the Central Government) 16 Execution of the Agreement between the Successful Bidder T1 + 7 and Nominated Authority 17 Last date for furnishing of Performance Security and T1 + 47 payment of Fixed and Upfront Amount by the Successful Bidder 18 Issuance of Vesting/Allocation Order by Nominated T1 + 50 Authority Note: *Registration on the website of MSTC Ltd. will commence immediately after publication of the NIT on the website of MSTC Ltd. *Above schedule is on assumption that electronic auction round for each mine will be completed in 1 day. In the event electronic auction round of any mine continues beyond 1 day, time schedule for the remaining events shall be extended. *Any change in the timeline will be communicated through an addendum/ corrigendum to the Tender Document.