close
Share with your friends

Contractors in the coal mining market

Contractors in the coal mining market

The Thought Leadership talks about various contractors in the coal mining market and the way eligibility criteria should be defined and contracts structured between the owners and contractors.

1000

Also on home.kpmg

Contractors in the coal mining market

The report takes a deep dive into the role played by various contractors in the coal mining market with specific focus on the Mining contractors, MDOs and AMMs. It highlights the need for sharing the developmental market risk between mine owners and mine operators and, thereby, the importance of wisely defined contractual terms and eligibility criteria. It looks at some of the active mining contractors and compares their financial and technical competencies, studies the past tenders from the point of view of technical and financial qualifications sought as eligibility criteria and arrives at some remarkable trends. It also discusses in detail the reasons of delays/ non-operationalization of mines/ non-fulfillment of several requirements, impact of such delays on appropriation of the performance security submitted by the mine owner to Ministry of Coal and clauses in the tender document and mining agreement which require specific focus to avoid this value loss.

© 2020 KPMG Assurance and Consulting Services LLP, an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

KPMG (Registered) (a partnership firm with Registration No. BA- 62445) converted into KPMG Assurance and Consulting Services LLP (a Limited Liability partnership firm) with LLP Registration No. AAT-0367 with effect from July 23, 2020.

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal