Coal e-auction notice issued

Date:

Share post:

spot_imgspot_img

SHILLONG, March 24: The state government on Wednesday issued a notice for the e-auction of 53,888 metric tonnes of extracted coal. The auction notice was published on the MSTC website.
An official said that a total of eight lots from East Jaintia Hills are set to be auctioned on April 6.
The details of the auction have been placed on the website of the Mining and Geology department.
The transportation of coal in other depots of West Khasi Hills, South West Khasi Hills and other districts, has been going on, officials said.
The government also said that the next notice for auction at other depots will be published in a week.
The department had notified 11 depots in four districts of East Jaintia, West Khasi Hills, South West Khasi Hills and South Garo Hills for conducting e-auction of extracted coal by Coal India Ltd and MSTC Ltd.
Depot managers have been appointed and necessary infrastructure at five depots has been completed while coal transportation has been going on.
Of the eight lots to be auctioned on April 6, six are of G15 grade and two of G17.
The reserve price for the six G15 grade lots is Rs 5,558 per MT and for the two lots of G17 grade is Rs 4,850 per MT.
The first phase of auction will be held in five of the 11 coal depots notified across the state, officials said.
Of the total coal to be auctioned, 75,000 MT is in East Jaintia Hills, 50,000 MT in South Khasi Hills, 25,000 MT in South West Khasi Hills and 50,000 MT in South Garo Hills district.
Based on the Supreme Court’s July 3 ruling, a committee of the National Green Tribunal had approved, on a pilot basis, the auctioning of 2 lakh MT out of the 32 lakh MT of coal in the state.
The government expects to generate a royalty cess and GST worth Rs 21 crore through the auction.

spot_imgspot_img

Related articles

Ireland head coach Heinrich Malan steps down after historic T20I series win over India

Belfast, June 29: In a major development following their historic 2-0 T20I series triumph over India, Ireland head...

Three killed, three injured in collapse at under-construction resort in Jaipur

Jaipur, June 29:Three labourers were killed and three others sustained serious injuries after a structure collapsed at an...

‘Transcending the veil’: First woman MLA Fathima Thahiliya opens new chapter for IUML

Kozhikode, June 29: A month after scripting history as the first woman ever to enter the Kerala Assembly...

Stronger India-US ties will benefit both nations: Amitabh Kant

New Delhi, June 29: India's former G20 Sherpa and NITI Aayog CEO Amitabh Kant on Monday said that...