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)
Coal India has multiple levers for improvement in profitability 1) higher eauction coal prices supported by a rally in global coal prices amid recent geopolitical tensions, 2) single eauction window for coal auctions would remove coal price disparity and 3) potential FSA coal (85% of volume) price hikes of 1011%.
The plan is to transport the coal to the silos through conveyor belts and load it on the rakes through the silos. This process will reduce the loading time significantly and improve supplies of coal. Based in Bilaspur, SECL with 67 blocks, is among the top three coal producing subsidiaries of Coal India Ltd (CIL), under Ministry of Coal.
The deal would phase out coal companies over 10 years, close and clean up the mines, write down the assets, retrain and reemploy some 87,000 workers, and create job opportunities and prosperity ...
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.
Fines. Coal merchants and retailers could be fined by local authority enforcement officers if unauthorised coal is sold to domestic household customers. Depending on how severe the offence is this ...
Sale of coal under Special Forward eAuction for Power Producers Phase8 of 202122 (Jan'22Mar'22) (Ref. No. SECL/BSP/MS/EA/1907 Date: )
South Eastern Coalfields will conduct a spot eauction for 166,000 t of noncoking coal on 20 March. It is the first eauction under the new singlewindow agnostic eauction policy where mines are clubbed into clusters, and bidders have to bid for a cluster, not mine. The offering is from five clusters, comprising 17 mines.
Nonpower consumers of coal located in India desirous of procuring coal from the mines of SECL through Exclusive eAuction Scheme for own consumption, are hereby notified that the following are the schedule of dates and details of source/ grade/ sizewise quantities offered for sale by Road mode through Exclusive eauction scheme. Schedule of dates
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
SECL Recruitment 2022 Notification Released for 250+ Vacancies. Check application process, educational qualification, experience, selection criteria and other details.
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.
Optimization of documents required to be submitted by the bidders for procuring coal under different schemes of eauction of coal / linkages (Notice NoCIL/MS/EAuction/177 Date05/05/2021) Ref NoSECL/BSP/MS/EAUCTION/H54 Date13/07/2021 Corrigendum Notice NoSECL/BSP/MS/EAUCTION/H30 Date05/06/2021
SECL Recruitment 2023. SECL Recruitment 2023: South Eastern Coalfields Limited (SECL), a subsidiary of Coal India Limited has released a Departmental Notification for the recruitment of 405 vacancies for the post of Mining Sirdar, Technical Surveyor Grade C, and Dy. Surveyor, Technical Supervisory Grade C posts on the official website on 3rd February 2023.
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.
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.
(A Subsidiary of Coal India Limited) Seepat Road, SECL, Bilaspur495006 (Chhattisgarh) Tel. 07752 246322 Fax. 07752 246472 ... Ref : SECL/BSP/SM/EA/1982 Date : NOTICE Sale of coal under Forward eAuction Consumers of coal located in India desirous of seeking coal from the mine of SECL over
Sale of coal under Forward eAuction Consumers of coal located in India desirous of seeking coal from the mine of SECL over a long period through Forward eAuction for end use of coal in their plant, are hereby notified that the following mines have been identified for sale of coal under Forward eAuction for the period July'11 to June'12.
. 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 ...
SECL Recruitment 2023 Apply Online. The Apply Online Link for SECL Recruitment 2023 is active now on the official website of SECL Candidates who are interested in applying for 405 Vacancies under SECL Mining Sirdar Recruitment can apply from 3 February 2023 to 23 February 2023. Candidate who are eligible can apply directly ...
KOLKATA: After a long delay of nearly six months, Coal India has started supplying coal to some of the 10 power plants that won longterm coal allocation at the first such auction held in September last year. Coal India would supply 27 million tonnes of coal annually to these companies. "Respective CIL subsidiaries are in the process of signing fuel purchase agreements with all the ...
Agreement' (FSA), entered between SECL and consumer (from May 2008) • Indian coal is cheapest in the world, because of its poor quality. 46% of ash in Indian coal makes it of low quality. DISPATCH It is the process of shipment of goods from factory to customer. It is of two types in CIL industry: 1.
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.
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 ...
Total last year agreed to sell its Total Coal South Africa unit, which produced million tons in 2014, to Exxaro Resources Ltd. and is waiting for regulators in that country to approve the deal ...
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 ...
words, the coal value to be deposited and EMD amount together shall be equivalent to the 100 % coal value. (a) In addition to coal value as above, successful bidders shall also be required to pay the eauction charges and applicable taxes thereon from time to time. (Presently the eauction charges are % of the Bid Price).
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 ...
Mishra stated that OBR was a precoal extraction process that would assist the SECL in meeting higher production targets in the future. However, SECL's Gevra project set a record in FY23 by becoming the country's first mine to produce more than 50 million tonnes of coal. The project's total output was estimated to be mt in FY23. Also Read
The coal exploration program is designed to meet both the shortterm and longterm requirements of the coal industry. Despite the technology currently used for coal exploration in India being inadequate, the methodology of data acquisition could be termed conventional when compared with international standards. The acquisition of data needs due ...
Coal from BCCL and CCL is being auctioned with spot/ small quantity buyers, it said, pointing out that in the last few spot eauctions, it was observed that many smaller players bid for 50 /100 ...
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
Upon approval, you will receive a unique buyer ID, username, login password and transaction password. coaljunction's Customer Coordination Officer (CCO) will give you personalized eauction training. coaljunction conducts forword and spot eauction of coal from Coal India and leading coal suppliers. More than 225 MT of coal eauctioned till date.
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