E AUCTION

Avaada Energy announced on Monday that it has secured an 820-megawatt hybrid project from state-owned power producer SJVN. This achievement came through an e-Reverse Auction process.

Bharat Sanchar Nigam Limited (BSNL) has announced the monetization of its land parcels in Mangalore in an effort to bolster its financial standing. The two-acre land parcel adjacent to Kadri Park at Store Yard, near Kadri Hills on Park Road, is set ...

On Monday, Union Minister G Kishan Reddy granted the first Lithium block, Katghora, and the Rare Earth Element (REE) Block of Chhattisgarh to Maiki South Mining Private Limited, with a Final Percentage Ownership (FPO) of 76.05%. India currently depe...

During the pre-open call auction for some IPOs and relisted stocks, unusually large orders were placed at inflated prices, only to be cancelled shortly before the session closed. This pattern suggests potential market manipulation. In order to curb ...

The maximum basic quota of IMFL will be 700 lakh proof litres and 1,200 lakh proof litres for the country liquor for the year 2024-25. The QR code-based track and trace system that was introduced in 2023-24 for IMFL and country liquor will be extend...

Indian Overseas Bank successfully reduces Gross NPA to 3.90%. Sale announced for 92 NPA loans totaling Rs 13,471.68 crore. Recovery strategies include Securitisation, Compromise Settlement, Asset Reconstruction, with e-auction on May 28, details on ...

The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000 crore. The auction is scheduled to take place on Friday and it aims to facilitate the sale (re-issue) of Government Securities through a multip...

The government sought SC clarification on administrative allocation of airwaves, proposing it for state priorities like national security or when auctions aren't viable due to techno-economic reasons. Referencing SC and Presidential directives, it h...

A committee would oversee sale of the assets and the money will be utilized for repaying the investors. The committee was formed following an order passed by Calcutta High Court in May 2015.

The Department of Telecommunications (DoT) has postponed the spectrum auction to June 6 from the initial date of May 20 due to the ongoing general elections. The decision came after telecom operators requested a delay until after the election result...

"We urge you to issue appropriate orders on priority, keeping in mind the best interests of the tea industry in Assam and, more importantly, the welfare of small tea growers and associated stakeholders. Your prompt action in this regard will be high...

After laying the foundation stone of the proposed tea auction center, the Chief Minister said on the X: “A leap towards development of tea industry in Tripura. Today laid the foundation stone of Agartala Tea e-Auction Centre was laid at Gurkhabasti ...

SJVN Green Energy, a subsidiary of SJVN Ltd, has won a 200 MW solar project in an e-Reverse Auction conducted by Gujarat Urja Vikas Nigam. The project will be developed on a build-own-and-operate basis at a cost of Rs 1,100 crore in the Gujarat Stat...

The government has sold 71.01 lakh tonnes of wheat and 1.62 lakh tonnes of rice through auction in the open market to control prices. Wheat and rice are being offloaded in the market through weekly e-auctions since June 28, 2023. The central governm...

The auction features super HIG, HIG, and penthouses in Dwarka, MIG in Dwarka Sector 14, and MIG in Loknayak Puram, totaling 1,130 luxury flats. The process, conducted in collaboration with SBI's e-auctioning bidding platform, involves specific timin...

In a strategic move, the Yamuna Expressway Industrial Development Authority (YEIDA) has launched an e-auction for prime plots near the upcoming Jewar airport. The initiative includes plots for nursing homes, hospitals, maternity centers, corporate o...

The Worli-based project started in 2007 and touted to be the most ambitious real estate project in the country, has faced numerous challenges over the last 10 years. Legal disputes and hurdles had cast a shadow over the 320-meter-high, 88-storey, to...

Coal India informed analysts that it aims to sell 15% of its production in the second half of the current fiscal (September 2023-March 2024) through e-auctions, which currently command a premium of around 90% over the Fuel Supply Agreement (FSA) pri...

The Indian finance ministry has requested state-owned banks to expedite the development of an advanced property auction platform and mobile app. Around 500,000 properties owned by state-owned lenders will be listed on the platform, offering bidders ...