https://www.taxtmi.com/news?id=4080 Granting of coal and lignite exploration and mining rights is to be effected primarily through competitive bidding under the MMDR Amendment and 2012 Rules, with exemptions for government entities and tariff based power project awardees; the Rules require notification of a floor price for auctions, reserve prices for other allotments, and formal agreements with allocatees. A consultant was appointed to develop methodology for floor/reserve pricing, a Model Tender Document and a Model Agreement, and draft terms have been circulated to State Governments and central ministries for consultation prior to initiating allocations. en-us Mon, 26 Nov 2012 17:22:10 +0530 Mon, 26 Nov 2012 17:22:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4080 Granting of coal and lignite exploration and mining rights is to be effected primarily through competitive bidding under the MMDR Amendment and 2012 Rules, with exemptions for government entities and tariff based power project awardees; the Rules require notification of a floor price for auctions, reserve prices for other allotments, and formal agreements with allocatees. A consultant was appointed to develop methodology for floor/reserve pricing, a Model Tender Document and a Model Agreement, and draft terms have been circulated to State Governments and central ministries for consultation prior to initiating allocations. News - Mon, 26 Nov 2012 17:22:10 +0530 https://www.taxtmi.com/news?id=4080