16 Cos show interest in 2nd phase of mining e-auction

16 Cos show interest in 2nd phase of mining e-auction
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Team Herald 

PANJIM: Total 16 companies have so far shown interest in the second phase of iron ore mining e-auction. Total five mining blocks from North Goa have been put up for e-auction in the second phase. 

 Directorate of Mines and Geology (DMG) Director Suresh Shanbhogue said that total 16 companies participated in the pre-bid meeting held, on Tuesday. He said that firms had raised certain queries with regards to auction, which were discussed. 

In the second phase, the leases identified are -- Advalpale-Thivim Mineral Block, Cudnem-Cormolem Mineral Block, Cudnem Mineral Block, Thivim-Pirna Mineral Block and Surla-Sonshi Mineral Block.

Shanbhogue said that the last date for purchase of tender documents is March 17, and the last date for submission of bids is March 27. “We have to complete the auction process by April 27,” he said. 

The e-auction will be conducted through the Metal Scrap Trading Corporation (MSTC). In the first phase of e-auction held in December, last year, total four leases -- Kalay Mining Block in Sanguem, Bicholim-Mulgo Mining Block, Shirigao-Mayem Mining Block and Monte-de-Sirigao Mining Block in Bicholim.

Vedanta Ltd has won the bid for Bicholim-Mulgao Mining Block while Goa-based Salgaocar Shipping Company Pvt Ltd won the bid for Shirigao-Mayem Mineral Block. Goa’s Rajaram Bandekar Pvt Ltd got its hold over Monte-de-Sirigao Mining Block and Kalay Mining Block went to Sociedade de Fomento Industries Pvt Ltd.

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