Reverse Bidding Methodology for Auction of Coal Mines for Power Sector
Reverse Bidding Methodology for Auction of Coal Mines for
Power Sector
Reverse bidding methodology was adopted in the auction
of coal mines earmarked for power sector under the provisions of Coal Mines
(Special Provisions) Act, 2015 and the rules framed thereunder in order to
ensure that there is no rise in power tariffs. This was stated by Shri
Piyush Goyal, Minister of State (IC) for Power, Coal & New and
Renewable Energy in a written reply to a question in the Lok Sabha today.
Under the reverse bidding methodology, bidders have to submit bids below
the Coal India Limited’s notified price for corresponding grade of coal which
is the ceiling price. The lowest bid submitted is taken
as the fuel cost in determination of power tariff. In case, bid price reaches
Rs. Zero in reverse bidding, the bidding changes to a forward one where bidders
have to quote additional premium payable to the State Government where the mine
is located, over and above the fixed reserve price of Rs. 100/- per tonne. The
reverse bidding methodology for auction of coal mines for power sector has been
designed keeping in view the interest of power consumers.
The Minister further stated that The
Ceiling Price and the Closing bid in Rs./Tonne in respect of the coal blocks
auctioned to the Power Sector is as under:-
|
S.No.
|
Name of the
Coal Mine
|
Celing Price
(Rs./mt.)
|
Closing Price
(Rs./mt.)
|
|
Initial Reverse
and then Forward bidding (F) for Power Sector
|
|||
|
1
|
Tokisud North
|
970
|
1110 (F)
|
|
2
|
Amelia North
|
1250
|
712 (F)
|
|
3
|
Talabira‐I
|
610
|
478 (F)
|
|
4
|
Sarisatolli
|
700
|
470 (F)
|
|
5
|
Trans Damodar
|
1600
|
940 (F)
|
|
6
|
Mandakini
|
860
|
650 (F)
|
|
7
|
Utkal ‐ C
|
660
|
770 (F)
|
|
8
|
Jitpur
|
660
|
302 (F)
|
|
9
|
Ganeshpur
|
700
|
704 (F)
|
*********
Environmental Clearance of CIL Projects
During the year 2015-16 (as on 01.12.2015), Twelve
projects have been accorded Environmental Clearance (EC) and four projects have
been accorded Stage II Forestry Clearance (FC). This was stated by
Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and
Renewable Energy in a written reply to a question in the Lok Sabha today. The
details of which are as given below:-
Projects granted
Environmental Clearance (EC) during 2015-16 -
|
SL
|
Name of the Company
|
Project
|
Total EC
|
Incr EC
|
|
1
|
Western Coalfields Limited
|
Kamptee Deep OC
|
2.00
|
0.50
|
|
2
|
Western Coalfields Limited
|
Juna-Kunada OC Expn
|
1.50
|
0.30
|
|
3
|
South Eastern Coalfields Limited
|
Chirimiri OCP
|
2.70
|
2.70
|
|
4
|
Eastern Coalfields Limited
|
Cluster 4
|
7.71
|
7.71
|
|
5
|
Eastern Coalfields Limited
|
Cluster 11
|
10.90
|
9.37
|
|
6
|
South Eastern Coalfields Limited
|
Bijari OC
|
2.25
|
2.25
|
|
7
|
Western Coalfields Limited
|
Junad Extn
|
1.50
|
0.50
|
|
8
|
Northern Coalfields Limited
|
Amlohri OC
|
14.00
|
4.00
|
|
9
|
Western Coalfields Limited
|
Niljai OC
|
3.50
|
0.00
|
|
10
|
Central Coalfields Limited
|
Pichri OC
|
1.50
|
1.50
|
|
11
|
Mahanadi Coalfields Limited
|
Hingula Extn. OC
|
15.00
|
3.00
|
|
12
|
Western Coalfields Limited
|
Makardhokra-I peak
|
2.00
|
1.00
|
|
|
|
Total
|
64.56
|
32.83
|
Projects granted
Stage II FC during 2015-16-
|
Name of the Company
|
Name of Projects
|
Area of forest land (in Ha.)
|
|
Mahanadi Coalfields Limited
|
Samleshwari OCP
|
21.87
|
|
South Eastern Coalfields Limited
|
Gevra Expansion OC
|
803.11
|
|
Central Coalfields Limited
|
Rohini Phase-II OCP
|
74.81
|
|
Western Coalfields Limited
|
Mohan OC Phase-III Jamai Block
|
48.92
|
|
Total
|
948.70
|
|
RM/RS-
USQ863 – LS
********
Liberalised Coal
Linkages
The provision of allowing inter power plant transfer of coal under coal
linkages from one Power Plant to another is already in place. This was
stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New
and Renewable Energy in a written reply to a question in the Lok Sabha today.
Such dispensation is allowed subject to the following conditions:
a)
Transfer of coal is
allowed only between the power plants wholly owned by the Purchaser or its
wholly owned subsidiary. No transfer of coal is allowed for a Joint Venture
(JV) company of the Purchaser. The supply of coal, for all commercial purpose
under the Fuel Supply Agreement (FSA) remains unchanged and on account of the
original Power Plant.
b)
Both the Power
Plants should have executed FSA in the modified FSA Model applicable for new
power plants and not having any supplies linked to coal blocks. In case of
Independent Power Producers (IPPs) both the plants must have valid long term
Power Purchase Agreements (PPAs) with DISCOMS.
c)
In no case the
transferred quantity to a plant together with the quantity supplied under the
applicable FSA exceeds the Annual Contracted Quantity (ACQ) of the Transferee
Plant for a particular year which is proportional to the long term PPA with
DISCOMS.
d)
Transfer of coal is
not allowed to those plants who are allotted coal blocks under this
arrangement.
e)
In case of change
in ownership and no environmental clearance of the plant this facility stands
withdrawn, and
f)
Penalty/Incentive under
this arrangement is considered in terms of (a) above.
The
Minister further stated that Coal India Limited (CIL) has planned to set up 15
new washeries. Out of these, 9 washeries are planned for non- coking coal with
capacity of 94 Million Tonne Per Year ( MTY) and 6 coking coal washeries of
capacity 18.60MTY.
The details of the proposed washeries are as follows:
|
Sl
No.
|
Subsidiary
Company
|
Name
of the
Washery
|
Capacity
(MTY)
|
|
1
|
BCCL
|
Madhuband
|
5.0
|
|
2
|
BCCL
|
Patherdih
|
5.0
|
|
3
|
BCCL
|
Dahibari
|
1.6
|
|
4
|
BCCL
|
Patherdih
|
2.5
|
|
5
|
BCCL
|
Dugda
|
2.5
|
|
6
|
BCCL
|
Bhojudih
|
2.0
|
|
7
|
MCL
|
Hingula
|
10.0
|
|
8
|
MCL
|
Jagannath
|
10.0
|
|
9
|
MCL
|
Basundhara
|
10.0
|
|
10
|
MCL
|
IbValley
|
10.0
|
|
11
|
CCL
|
Ashoka
|
10.0
|
|
12
|
CCL
|
Konar
|
7.0
|
|
13
|
CCL
|
Karo
|
7.0
|
|
14
|
SECL
|
Baroud
|
5.0
|
|
15
|
SECL
|
Kusmunda
|
25.0
|
|
Total
|
112.60
|
||
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