Top Firms Bid for Two Underground Coal Blocks

24 Jun 2025 CW Team

Godawari Power and Ispat Ltd, Dilip Buildcon, and Shyam Metalics and Energy Ltd are among eight companies that have submitted bids for two out of the six underground coal blocks offered for sale under the 12th round of commercial coal mine auctions.

According to the Ministry of Coal, a total of 14 bids were received from these eight companies for the two blocks. The online bids were decrypted and opened electronically in the presence of the respective bidders. Following this, sealed envelopes containing offline bid documents were also opened with the bidders in attendance.

The bids are now set to be evaluated by a multi-disciplinary technical committee. Only technically qualified bidders will proceed to the electronic auction stage, which will be hosted on the MSTC portal.

The commercial auction of coal mines was first launched by Prime Minister Narendra Modi in 2020, with the aim of opening up India鈥檚 coal sector to private players and reducing import dependence.

Infrastructure Energy

01 Jul 2025

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman鈥檚 investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle鈥檚 growing footprint in international exploration and mining services. ..

Equipment

01 Jul 2025

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20鈥�25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Infrastructure Urban

01 Jul 2025

Amit Shah Inaugurates Key Projects Across Gujarat

Union 亚博体育官网首页 Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat鈥檚 Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..