SEARCH

Business » Industry

Updated: September 14, 2013 17:22 IST

CIL to seek revised MDO contract interest next week

PTI
Comment   ·   print   ·   T  T  
A Khasi woman in a coal depot in Khliehriat town in Jaintia Hills District, Meghalaya. File photo: Ritu Raj Konwar
The Hindu
A Khasi woman in a coal depot in Khliehriat town in Jaintia Hills District, Meghalaya. File photo: Ritu Raj Konwar

Coal India is to come out with a revised tender next week for request for qualification (RFQ) for mine development in seven projects.

“Based on discussions with participants we have modified and refined the terms of RFQ for inviting Mine Developer and Operator (MDO). We will release the tender next week,” Coal India chairman S. Narsing Rao said in Kolkata on Saturday.

He was speaking on the sidelines of a seminar organised by The Mining, Geological and Metallurgical Institute.

“There will be seven projects (two underground and five open cast mines) in the revised MDO tender with total peak production capacity of 17.5 million tonne per annum,” he said.

Mr. Rao said among the terms which were changed were relaxation on qualification for greater participation. He said CIL was aiming to offer the MDO contract by March 2014.

In April, government had said two Australian companies had shown interest in developing Coal India’s opencast mines and four British and Chinese companies in the PSU’s four underground mines.

More In: Industry | Business
This article is closed for comments.
Please Email the Editor

Commodity prices

Take a look at the prices of various commodities in Chennai here»

National

International

Sport


O
P
E
N

close

Recent Article in Industry

In its new refurbished avatar, the PPP model of developing large power projects too should witness a positive turnaround

More horse power for the energy sector

Double-digit growth will not be possible without adequate power to industry and people »