{"id":13597,"date":"2020-08-09T22:47:03","date_gmt":"2020-08-09T22:47:03","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=13597"},"modified":"2020-08-09T22:47:03","modified_gmt":"2020-08-09T22:47:03","slug":"e-auction-dates-for-commercial-mining-of-coal-likely-to-be-extended-again-sources","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=13597","title":{"rendered":"E-auction dates for commercial mining of coal likely to be extended again: Sources"},"content":{"rendered":"<p><\/p>\n<div>KOLKATA: The dates for submission of bids for <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/online-auction\" styleobj=\"[object Object]\" class=\"\" data-ga=\"within_article-topic_link|topic_online-auction\" frmappuse=\"1\">online auction<\/a> of coal blocks for <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/commercial-mining\" styleobj=\"[object Object]\" class=\"\" data-ga=\"within_article-topic_link|topic_commercial-mining\" frmappuse=\"1\">commercial mining<\/a> could be further extended due to disruptions caused by the Covid-19 <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/pandemic\" styleobj=\"[object Object]\" class=\"\" data-ga=\"within_article-topic_link|topic_pandemic\" frmappuse=\"1\">pandemic<\/a>, sources said on Sunday. <br \/>The Centre had earlier extended the dates for submission of technical bids. <br \/>According to the revised schedule, the last date for submitting a technical bid is 2 pm of September 29, and e- auction would be carried out for qualified bidders between October 19 and November 9. <br \/>However, the sources said further extension is likely to be sought by investors, keeping in mind the Covid-19 restictions on travel and movement. <br \/>&#8220;We are not sure whether this extension will be enough for bidders to complete evaluation and feasibility studies, which have to be conducted with rigorous on-ground data and inputs. If needed, fresh extension would be sought,&#8221; a senior official of a large corporate bidder told PTI. <br \/>Bidders require at least 45 days to carry out site visits, technical and geological evaluations, and estimate resettlement costs, among other considerations, the sources said. <br \/>Corporates, including, the Federation of Indian Mineral Industries, had urged the government to push back the dates for the e-auction process, leading to the new schedule. <br \/>Prime Minister <a href=\"http:\/\/timesofindia.indiatimes.com\/topic\/Narendra-Modi\" styleobj=\"[object Object]\" class=\"\" data-ga=\"within_article-topic_link|topic_http:\/\/timesofindia.indiatimes.com\/topic\/Narendra-Modi\" frmappuse=\"1\">Narendra Modi<\/a> had on June 18 launched the auction process for 41 coal blocks for commercial mining, a move that opened India&#8217;s coal sector to private players, and termed it a major step in the direction of India achieving self-reliance. <\/div>\n<p><a href=\\\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/e-auction-dates-for-commercial-mining-of-coal-likely-to-be-extended-again-sources\/articleshow\/77448691.cms\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KOLKATA: The dates for submission of bids for online auction of coal blocks for commercial mining could be further extended due to disruptions caused by the Covid-19 pandemic, sources said on Sunday. The Centre had earlier extended the dates for submission of technical bids. According to the revised schedule, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13598,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-13597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/08\/1597013225_photo.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/13597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13597"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/13597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/13598"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}