2. Monthly Payments shall be based on ROM coal grade even when the ROM coal is beneficiated, and the beneficiated coal is delivered from the mining lease area. 1. As per Clause of the Tender Document, Actual Price shall mean the sale invoice value of coal, net of statutory dues including taxes, levies, royalty,
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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).
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SECL Recruitment 2022 Notification Released for 250+ Vacancies. Check application process, educational qualification, experience, selection criteria and other details.
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SECL was established in the year 1985 to strengthen the coal mining operations in the southeastern region of India. It was formed by carving out various coal mines from the South Eastern Coalfields, a subsidiary of Coal India Limited. Since its inception, SECL has been consistently contributing to India's energy sector and has emerged as one ...
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The terms and conditions for sale of coal through Forward eAuction as referred above are annexed as AnnexureB. Consumers desirous of participating in Forward eAuction in accordance with the scheme, may approach the service providers [viz. M Junction Services Ltd. MSTC Ltd.] for completing the requisite formalities and submission of required...
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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.
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कोयला ईनीलामी / Coal Eauction. Notice: As per Government of India notification, the existing service tax rate of 15% will be replaced with GST rate of 18% The GST rate shall be applicable for coal registration/ renewal/profile changes etc.
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Prime Minister Narendra Modi in June launched the auction process for coal blocks for commercial mining, a move that opens India's coal sector for private players, and expected to garner ₹33,000 crore of capital investment in the country over next five to seven years. ... SECL has offered Lakh Tonnes of Coal through Spot eAuction ...
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Sale of coal under Special Forward eAuction for Power Producers Phase8 of 202122 (Jan'22Mar'22) (Ref. No. SECL/BSP/MS/EA/1907 Date: )
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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%.
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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.
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CIL is pleased to announce launching of IN HOUSE EAUCTION PLATFORM. All existing and new bidders, desirous to obtain coal through eauction from CIL sources, are hereby requested to visit the Coal India eAuction Portal (), developed by NIC and facilitated by CMPDIL (a Subsidiary of Coal India Limited), for Registration process.
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On 27 September 2016 CIL announced one time offer of 20 Mt coal under Special Spot 3 July 2017 CIL announced auction of coal linkages (Tranche III) for non regulated sector as per policy guidelines issued by the Ministry of Coal Government of India. ... (SECL) and Sonepur Bazari (ECL). 5 coal projects with a sanctioned capacity of ...
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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
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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.
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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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Updated On Apr 27, 2023 at 08:54 AM IST. New Delhi: Based on the performance in the financial year 202122, the Ministry of Coal has assigned star rating to 63 mines of South Eastern Coalfields ( SECL) on the star rating list of coal and lignite mines. Among underground mines, Bangwar mine has secured the maximum 5star rating while in opencast ...
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New Delhi: South Eastern Coalfields Limited (SECL), a flagship arm of staterun Coal India Limited (CIL), has set a target to produce 182 million tonnes (MT) of dry fuel in the financial year 202223 (FY23).The ChairmancumManaging Director (CMD) of the SECL, Dr. Prem Sagar Mishra has kicked off the initiative right on the first day of the fiscal; propelling the team to meet the target.
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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
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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 ...
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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.
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Congress leader Rahul Gandhi recently expressed his disagreement with a decision taken by his party's government in Chhattisgarh to allow coal mining in the Hasdeo forest. The state government had in March given a gohead for coal mining in an area of 1,136 hectares under the second phase of Parsa EastKete Basan (PEKB) coal block.
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In the last four years, more than Rs 13,200 crore has been paid to the state as part of statutory levies by SECL. Moreover, with enhanced coal production, SECL will pay around Rs 22,900 crore as ...
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At the time of completion of the agreement, NEC will hold a number of Linc Energy's noncoal core assets, including agreements to acquire the Blair Athol Coal Mine and its associated assets, the Teresa Project and its coal export capacity at the Port of Gladstone. NEC will then acquire the company's remaining noncore conventional coal ...
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CIL's Tranche V auctions held in September 2021 provided relief to the Indian Industries reeling under volatile global fuel prices. South Eastern Collieries Limited (SECL) continued to be the primary subsidiary accounting for about 50% of the total coal offered to the Cement Industry. The latest edition of auctions saw significant ...
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COAL is expected to dispatch ~15% of the total volumes as eauction in 2HFY24 and the current eauction premium is ~90%. Eauction process would be completely shifted to an inhouse platform from FY25E.
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The upcoming auction include sale of high GCV noncoking coal (G5, G7 and G8) along with 20 rakes of semicoking coal being offered via railmode of dispatch, constituting a total quantity of mn t. Collectively, total quantity of mn t coal has been offered by the company under various auction schemes during the first quarter of FY21.
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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.
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"Auction" shall have the meaning ascribed to such term in Clause "Auction Process" shall mean the process for conduct of the Auction as set out in Clause 3. "Authorised Signatory" shall mean the individual who has been duly authorised, pursuant
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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
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South Eastern Coalfields (SECL), the highest coalproducing company among the eight entities of CIL over the years, was outshone by Odishabased Mahanadi Coalfields (MCL) in FY22. The company produced million tonnes (MT) of coal in 202122, down per cent over last year. MCL's output surged per cent and the company produced 168 ...
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(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
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E M Department. In terms of composite production (in m3), Specific Energy Consumption during 202021, for CIL as a whole, was kWh/m3 visàvis kWh/m3 during 201920 with an overall decrease of % as CIL registered % growth in OBR in 202021 as compared to 201920. Total 7 nos. electrical energy audits were conducted by ...
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. 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 ...
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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 ...
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