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State-owned Coal India (CIL) is set to float a request for quotation (RFQ) in the next week to develop seven mines through mine developer and operator (MDO) route.
"The RFQ will be done in a week. In a month or two players will be shortlisted and hopefully, we will be able to float Request for Proposals (RFP)," CIL CMD S Narsing Rao said.
The MDO, would be for seven mines, with an aggregate 17 MTs production capacity, Rao told reporters here on the sideline of seminar on mining industry organised by Mining, Geological & Metrological Institute of India (MGMI).
According to officials, of the seven mines, five are open cast mine and two underground mines, located in Jharkhand and Odissa.
According to officials, of the seven mines, five are open cast mine and two underground mines, located in Jharkhand and Odissa.
Recently CIL in consultation with the Coal Ministry has modified the mine developers and operators (MDOs) model, by which contracts are awarded to private contractors for mining to ramp up production.
"This time RFQ will be floated under the modified model, where there has been some technical changes," Rao said. CIL is expecting to complete the process by th end of this fiscal,
Incidentally, Minister of State for Coal Pratik Prakashbapu Patil earlier told the Lok Sabha on April this year that some foreign players had evinced interest for participation in developing Coal India's opencast mines.
