Coal India looks set to invite a shortlist of nine companies from India and abroad for turnkey development and long term operation of high capacity underground mines in seven virgin blocks, in a pre-bid meeting by end February. In all 17 companies had submitted EoIs in June 2008.
The short listed companies are:
- Walter South East Asia
- Essel Mining
- Anglo American
- Reliance Infrastructure
- Xeng Zhou Coal Mining Machineries Group
- Essar Mineral Resources
- Tiandi Science and Technology
- Europe Ventures Ltd
- Bucyrus DBT Europe GmbH
The blocks which are to be developed are: Tilaboni under Eastern Coalfields, Kapuria of Bharat Coking Coal, Jagannath of Mahanadi Coalfields, Behraband and Khairaha under South Eastern Coalfields, and Murpar and Borda under Western Coalfields. Of the 7 blocks, Kapuria in Jharkhand is a prime coking coal reserve. Eastern Coalfields, Bharat Coking Coal, Mahanadi Coalfields, South Eastern Coalfields and Western Coalfields are wholly owned subsidiaries of CIL.
The projects have an estimated annual production capacity of 3 to 5 million tonnes each and will be funded by Coal India. CIL is likely to invest between INR 6 billion and 15 billion for the development of each reserve.
Source: Steel India
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