Ministry of Coal
azadi ka amrit mahotsav

Coal Ministry Successfully Auctions Ten Coal Mines of Five States in the latest Effort

Combined Coal Reserves Likely to Be 1716.21 Million Ton

Fortytwo Mines Auctioned So far Under Commercial Coal Mine Auctioning

Posted On: 12 FEB 2022 1:21PM by PIB Delhi

Ministry of Coal had launched the auction of coal mines for commercial mining under 13th Tranche of CMSP Act and 3rd Tranche of MMDR Act on October 12, 2021. During the e-auction, cumulatively 10 coal mines were put up for auction of which six coal mines were CMSP coal mines and remaing four were MMDR coal mines. Details of all the coal mines are as under:-

  • Nine  coal mines are fully explored  and one  mine is partially explored ;
  • The total geological reserves for these mines are 1,716.211 Million Ton.
  • Cumulative PRC for these coal mines is 22.014 MTPA.

The mine-wise details as below:

S. No

Name of the State

Name of the Mine

Geological Reserves (MT)

PRC

(MTPA)

Annual Revenue projected based on the PRC of mine (Rs. Cr.)

Estimated Capital Investment (Rs. Cr.)

Estimated Total Employment

1

Arunachal Pradesh

Namchik Namphuk

14.970

0.20

422.49

30.00

100**

Sub-Total

14.970

0.20

422.49

30.00

100

2

Assam

Koilajan

0.058

0.004

2.54

0.60

10***

3

Garampani

0.468

0.020

35.90

3.00

10****

Sub-Total

0.526

0.024

38.44

3.60

20

4 & 5

Jharkhand

Brinda & Sasai

61.053

0.680

92.44

102.00

919

Sub-Total

61.053

0.680

92.44

102.00

919

6

Maharashtra

Majra

31.036

0.480

76.26

72.00

649

Sub-Total

31.036

0.480

76.26

72.00

649

7

Odisha

Bankhui*

800.000

NA

NA

NA

NA

8

Bijahan

327.049

5.260

562.49

789.00

7,112

9

Meenakshi

285.230

12.000

1,152.84

1,800.00

16,224

10

Utkal C

196.347

3.370

513.24

505.50

4,556

Sub-Total

1,608.626

20.630

2,228.57

3,094.50

27,892

Total

1,716.211

22.014

2,858.20

3,302.10

29,580

*PRC is not available for the partially explored coal mine.

** Assuming 270 days of operations; ***Assuming 10 days of operations; ****Assuming 60 days of operations.

The cumulative results for the 3rd Tranche of commercial coal mine are as under:

S. No.

Name of the Mine

State

PRC (mtpa)

Geological Reserves (MT)

Closing Bid Submitted by

Reserve Price (%)

Final Offer (%)

1

Bankhui*

Odisha

NA

800.00

Yazdani Steel and Power Limited/ 274545

4.00

18.00

2

Bijahan

Odisha

5.26

327.05

Mahanadi Mines and

Minerals Private Limited/ 237318

4.00

14.00

3 & 4

Brinda & Sasai

Jharkhand

0.68

61.05

Dalmia Cement Bharat

Limited/ 65013

4.00

8.00

5

Koilajan

Assam

0.004

0.06

Assam Mineral Development Corporation Limited/ 265144

4.00

81.50

6

Meenakshi

Odisha

12.00

285.23

Hindalco Industries Limited/64856

4.00

10.25

7

Garampani

Assam

0.02

0.468

Assam Mineral Development Corporation Limited/265144

4.00

288.25

8

Majra

Maharashtra

0.48

31.036

BS Ispat Limited/64979

4.00

18.25

9

Namchik Namphuk

Arunachal Pradesh

0.20

14.970

Platinum Alloys Private Limited/274153

4.00

344.75

10

Utkal C

Odisha

3.37

196.347

Jindal Steel And Power Limited/64898

4.00

45.00

*PRC is not available for the partially explored coal mine.

Under the commercial coal mining auction process a total of 42 coal mines, including the above 10 coal mines auctioned in Tranche-3, have been successfully auctioned till date with a total cumulative PRC of 86.404 MTPA.

******

MV/RKP



(Release ID: 1797860) Visitor Counter : 2520