Tangarpada auction: Combining financial and technical bids to determine the winner (Sambada)
Chromite, Mine auction, Mining royalty, Odisha govt. action, Sambada (in Odia), Supreme Court, Value Addition September 11th. 2008, 1:53amIn http://www.orissalinks.com/orissagrowth/archives/1616 we discussed a report regarding auctioning of minerals. The following article in Sambada illusrtates with numbers that the best way to go would be to decide the winner of the auction based on evaluating the financial and technical bid together and determining which one offers the state the maximum revenue. (Later when time permits I will translate the article into English.)