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Ministry of Coal revises timelines for the second tranche of coal auctions

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Ministry of Coal revises timelines for the second tranche of coal auctions

Ministry of Coal has issued a notice regarding revision of time limit for auction [12th installment of auction under the Coal Mines (Special Provisions) Act, 2015] [second installment of auction under the Mines and Minerals (Development and Regulation) Act, 1957].

This notice states that in continuation of the notice inviting tender dated March 25, 2021, the last date for registration of bidders and sale of tender documents on MSTC website and the last date for bidding has been amended.

The scheduled date of bidding has been extended till Thursday, July 08, 2021. Revised timeline will be uploaded on MSTC website.

To see the full notice click here: http://www.coal.nic.in/sites/default/files/2021-06/22-06-2021.pdf

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News Source: PIB

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Construction Infrastructure

The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra

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The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra

Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.

With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.

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