- Bid submission to close on 16 Sep’25
- E-auction to be held on MSTC platform
The Government of Maharashtra has announced the 14th phase of mineral block auctions under the Mines and Minerals (Development and Regulation) Act, 1957, offering a mix of mining leases and composite licences. The tender, published on 25 July 2025, includes nine mines, of which four are iron ore blocks — Matna, Ambadgaon, Vazare, and Tale — under the Composite Licence (CL) route.
The auction will be conducted via the MSTC e-auction platform, with tender documents priced at INR 5,00,000 per block (exclusive of GST). Interested and eligible bidders must register on the specified website. Upon successful registration, they will receive a login ID and password required to access and participate in the e-auction process. The Model Tender Document and Mineral Block Summary can be accessed free of cost on the same platform.
This auction signals Maharashtra’s intent to unlock its mineral potential and attract private sector investment. For bidders with long-term growth plans, particularly in steel and pellet manufacturing, securing one or more of these iron ore blocks could be a game-changer — ensuring raw material security, enhancing cost competitiveness, and opening strategic access to both domestic and export markets.
However, geological uncertainties regarding reserve volumes and Fe grades will remain until prospecting is completed. Additionally, high infrastructure development costs in remote areas and potential delays in securing environmental clearances could impact project timelines and profitability.
The last date to purchase the block-specific tender document is Tuesday, 9 September, while the deadline for submission of the technical bid along with the initial price offer is Tuesday, 16 September.
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