Home India Ministry of Mines Corrigendum 6 Extension of Timeline for Auction of Offshore ...
Date: 2025-05-16 Category: Not Applicable State: Union Government Country: India

Corrigendum 6 Extension of Timeline for Auction of Offshore Mineral Blocks

Issued by Ministry of Mines · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** This document is Corrigendum 6 to the Tender Document for Grant of Operating Rights issued by the Administering Authority, Ministry of Mines, Government of India, with reference to the Notice Inviting Tender dated November 28, 2024. It amends specific dates related to the tender process. The key deadline affected is the "Bid Due Date," now set for Monday, July 28, 2025. **Key Points / Main Content** * **Bid Submission Deadline:** * The deadline for bidders to submit in the first round is now Monday, July 28, 2025, by 17:00 hours (IST). * **Stage I - E-auction process for selection of Preferred Bidder** * Last date for sale of Tender Document [on or before 17:00 hours (IST)]: Tuesday, July 15, 2025 * Opening of the Technical Bids: Tuesday, July 29, 2025 * Start date for examination of the Technical Bids: Tuesday, July 29, 2025 * **Training and Mock Auctions:** * Training and mock auctions for bidders will now take place from Friday, August 01, 2025 to Friday, August 08, 2025. * **Announcement of Technically Qualified Bidders:** * The announcement of Technically Qualified Bidders is rescheduled from Thursday, August 21, 2025 to Tuesday, September 02, 2025 * **Opening Initial Price Offers:** * The opening of initial price offers is rescheduled from Friday, August 22, 2025 to Thursday, September 04, 2025 * **Ascending Forward Electronic Auction:** * The ascending forward electronic auction and submission of final price offer is from Friday, August 22, 2025 to Thursday, September 04, 2025 * **Announcement of Preferred Bidder:** * Announcement of Preferred Bidder is from Monday, August 25, 2025 to Monday, September 08, 2025 * **Other Dates:** * All other dates remain as it is as mentioned in the Tender Documents. **Impact Analysis** **Bidders** * **Impact:** Bidders need to be aware of the revised deadlines for bid submission and other key events in the tender process. The Bid Due Date has been extended to Monday, July 28, 2025. * **Action Required:** Bidders must adjust their timelines and ensure all required documents and offers are submitted by the new deadline. **Administering Authority, Ministry of Mines, Government of India** * **Impact:** The Authority is responsible for administering the updated timeline and ensuring all related processes adhere to the revised dates. * **Action Required:** The Authority must communicate the updated dates to all relevant parties and update internal systems and documentation accordingly. **E-auction Platform Provider** * **Impact:** The E-auction Platform Provider needs to be aware of the revised deadlines for training and mock-auctions * **Action Required:** The E-auction Platform Provider needs to adjust their timelines and ensure all process adhere to the revised dates.

Key Entities Referenced

Invitation of Bids for Grant of Operating Rights of Offshore Areas: The original tender document being amended by this corrigendum. Ministry of Mines: The administering authority responsible for the tender and this corrigendum.
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Administering Authority Ministry of Mines Government of India Shastri Bhawan, New Delhi 110001 Date: May 16, 2025 Corrigendum 6 to Tender Document for Grant of Operating Rights issued by Administering Authority, Ministry of Mines, Government of India (Notice Inviting Tender dated November 28, 2024) The amendments mentioned in this Corrigendum shall be applicable to all Tender Documents and all documents wherever the dates are appearing with reference to “Invitation of Bids for Grant of Operating Rights of Offshore Areas” dated November 28, 2024 issued by the Administering Authority, Ministry of Mines, Government of India. Reference Sr. to the As per Corrigendum 5 To be read as No. Tender Document Clause In the first round, the Bidders shall be required to submit on or prior In the first round, the Bidders shall be required to submit on or prior to 1. 8.1.A.(a) to 17:00 hours (IST) on Thursday, May 29, 2025 (“Bid Due Date”): 17:00 hours (IST) on Monday, July 28, 2025 (“Bid Due Date”): 2. Clause 11 S. Event Description Estimated Date S. Event Description Estimated Date (Timetable) No. No. Stage I – E-auction process for selection of Preferred Bidder Stage I – E-auction process for selection of Preferred Bidder 7. Last date for sale of Tender 7. Last date for sale of Tender Document [on or before 17:00 Friday, May 16, 2025 Document [on or before 17:00 Tuesday, July 15, 2025 hours (IST)] hours (IST)] 8. Bid Due Date (Technical + initial 8. Bid Due Date (Technical + initial price offer) [on or before 17:00 Thursday, May 29, 2025 price offer) [on or before 17:00 Monday, July 28, 2025 hours (IST)] hours (IST)] 9. Opening of the Technical Bids Friday, May 30, 2025 9. Opening of the Technical Bids Tuesday, July 29, 2025 10. Start date for examination of the 10. Start date for examination of the Friday, May 30, 2025 Tuesday, July 29, 2025 Technical Bids Technical Bids Page 1 of 2Reference Sr. to the As per Corrigendum 5 To be read as No. Tender Document 11. Training and mock-auctions for all Monday, June 02, 2025 11. Training and mock-auctions for all Friday, August 01, 2025 the Bidders on e-auction platform to the Bidders on e-auction platform to by the e-auction platform provider Tuesday, June 10, 2025 by the e-auction platform provider Friday, August 08, 2025 12. Announcement of Technically 12. Announcement of Technically Thursday, August 21, 2025 Tuesday, June 24, 2025 Qualified Bidders as per the tender Qualified Bidders as per the to to document tender document Tuesday, September 02, 2025 Wednesday, July 09, 2025 13. Opening of initial price offer, of only 13. Opening of initial price offer, of Technically Qualified Bidders and only Technically Qualified Bidders intimation to Qualified Bidders 2 Wednesday, June 25, 2025 and intimation to Qualified Friday, August 22, 2025 (two) hours prior to the scheduled to Bidders 2 (two) hours prior to the to time of e-auction of the respective Thursday, July 10, 2025 scheduled time of e-auction of the Thursday, September 04, 2025 mineral block (to Qualified Bidders respective mineral block (to only) Qualified Bidders only) 14. Conduct of ascending forward 14. Conduct of ascending forward Friday, August 22, 2025 Wednesday, June 25, 2025 electronic auction and submission electronic auction and submission to to of Final Price Offer on the electronic of Final Price Offer on the Thursday, September 04, 2025 Thursday, July 10, 2025 auction platform electronic auction platform 15. Announcement of Preferred Bidder Thursday, June 26, 2025 15. Announcement of Preferred Monday, August 25, 2025 to Bidder to Monday, September 08, 2025 Friday, July 11, 2025 Kindly note that all other dates remain as it is as mentioned in the Tender Documents. (Vivek Kumar Bajpai) Administering Authority Tel. No. 011-23384741 Email: aa-mom@gov.in Page 2 of 2

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