A total of 46,882 tons of illegal coal seized by authorities in West Jaintia Hills will be auctioned in January 2024.
The proposed auction of the seized coal was as per the order passed by the Chief Judicial Magistrate, West Jaintia Hills District, Jowai and Special Judge (MMDR Act 1957) Jowai Court.
Of the coal proposed to be auctioned, 45,700 tons was stocked at the premises of the Police Reserve, Jowai. 1031 tons of the seized coal was located at Shkentalang and its adjoining area. Another 121 tons was lying at Phramer traffic cell.
The auction will be conducted by the Deputy Commissioner of West Jaintia Hills.
The reserved price for the coal set for auction is fixed at Rs 2160 per ton which is the price fixed by the Mining and Geology Department.
Interested bidders have to submit their bid in a sealed envelope to the office of the Deputy Commissioner, West Jaintia Hills on or before January 19, 2024. The bids will be open in front of all bidders on January 22, 2024.
Moreover, interested bidders have to submit their bid application in plain paper by affixing the court fee stamp of Rs 1000. The bid has to be accompanied with the photocopy of GST certificate, financial soundness certificate issued by the bank certifying that the bidder has the capacity of paying the amount quoted in his/her bid as per his current bank balance or last six months transactions, PAN card, EPIC and caste certificate of the bidder.
Intending bidder shall have to deposit a non-refundable Earnest Money of Rs 2000 by way of bank draft in favour of the Deputy Commissioner, West Jaintia Hills and also have to deposit Rs 20,000 (refundable) as earnest money in the form of deposit by way of bank draft which is to be enclosed along with the bid. The earnest money shall be forfeited if the bidder withdraws the bid before the completion of the bidding process.
The successful bidder will have to deposit the total amount within 24 hours. In the event the successful bidder fails to pay the same within the stipulated time, the refundable money Rs 20,000 will be forfeited and the Deputy Commissioner, West Jaintia Hills will be at liberty to dispose of the coal again as deemed fit and proper.
The successful bidder will have to pay all custody payments such as royalty and other taxes as admissible to the government. In the absence of the mandatory payments, no lifting of the said coal will be permitted.
The labour charges for lifting of the allotted coal shall be borne by the bidder. The successful bidders will be allowed to dispose of the auctioned coal only after obtaining transport challan from the office of the Divisional Mining Office and on payment of royalty and taxes as admissible.
After payment of all government dues pertaining to the allotted coal, the successful bidder shall lift the coal within 24 hours after the consignment has been weighed.