Section 5(5)(b) in Coal Blocks Allocation Rules, 2017

[Cites 0, Cited by 0] [Section 5(5)] [Section 5] [Entire Act]

Union of India - Subsection

Section 5(5)(b) in Coal Blocks Allocation Rules, 2017

(b)Auction process. - (A) The auction process shall be a two stage process comprising of-

(i)technical bid; and

(B)The technical bid shall be for the purpose of qualification and the financial bid shall be for the purpose of determination of the successful bidder.

(C)The financial bid may be divided into such sub-stages or rounds as may be deemed expedient by the Central Government.

(ii)financial bid.

Legal Document View

Unlock Advanced Research with PRISMAI

Union of India - Subsection

Section 5(5)(b) in Coal Blocks Allocation Rules, 2017