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10TH TRANCHE OF AUCTIONEER THE COAL MINES (SPECIAL PROVISIONS) ACT, 2015STANDARD TENDER DOCUMENT AUCTION OF COAL MINES FOR IRON AND STEEL, CEMENT AND CAPTIVE POWER PLANT (EXCLUDING STEEL (COKING)
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01
Obtain information about the auction process for coal mines from the relevant government authorities.
02
Register online or with the designated authority to participate in the auction.
03
Review the terms and conditions of the auction thoroughly.
04
Prepare all necessary documents and financial guarantees as mentioned in the auction guidelines.
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Attend the auction and follow the bidding process as per the instructions provided.
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Submit the winning bid and complete the required formalities to secure the coal mine.

Who needs auction of coal mines?

01
Potential investors looking to acquire coal mines for mining operations.
02
Government organizations or agencies responsible for allocation of natural resources.
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Mining companies seeking to expand their operations by acquiring new coal mines.
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Auction of coal mines is the process of selling the rights to extract coal from specific mines to the highest bidder.
Companies or individuals interested in bidding for the rights to extract coal from specific mines are required to file for the auction of coal mines.
To fill out auction of coal mines, interested parties must follow the guidelines and instructions provided by the governing body overseeing the auction process.
The purpose of auction of coal mines is to allocate the rights to extract coal from specific mines to the bidder who offers the best terms and conditions.
Information such as bidder details, bid amount, proposed mining plan, and financial capacity must be reported on auction of coal mines.
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