ECL awards first ever tender in CIL on Revenue Sharing basis

New Delhi: Eastern Coalfields under the leadership of its CMD, Sri AP Panda, awards first ever tender in CIL on Revenue Sharing basis for Madhujore UG (2.0 MTY) of Kajora Area on 30.11.2022, under the aegis of the coveted Asset Monetisation programme being persued at the behest of Ministry of Coal for Auctioning of abandoned mines of CIL on Revenue Sharing basis.

During the tender award ceremony, CMD, ECL appreciated the commendable efforts of CMC Department to finalise the said tender within a record time frame of 54 days. 

The above project will fetch ECL coal production to the tune of approx. 41.0 MT over a period of 23 Years.  

The ceremony was attended by Sri AP Panda, CMD, ECL, Sri J P Gupta, DT, ECL, Md. Anzar Alam, DF, ECL, Smt. Ahuti Swain, DP, ECL, Sri N K Singh, GM (Coordination), Sri D K Nayak, TS to CMD, Sri Anand, GM (CMC), Sri Manish Das, Chief Manager (CMC), Sri Manish Baranwal, Dy. Manager (CMC) and Representatives of the successful bidder M/s Coal Mines Associated Traders Private Limited.

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : IndianOil Wins Big at FICCI Indian Sports Awards 2024 for Championing Sports Development