Ministry of Coal
Day -1 of Commercial Coal Mine Auction – 4th Tranche
Four Fully Explored Coal Mines of Jharkhand, Maharashtra and Odisha Put up For Auction
Combined Coal Reserve Comes to 498.10 Million Ton
[14th TRANCHE OF AUCTION UNDER THE COAL MINES (SPECIAL PROVISIONS) ACT, 2015]
[4thTRANCHE OF AUCTION UNDER THE MINES AND MINERALS (DEVELOPMENT AND REGULATION) ACT, 1957]
Posted On:
31 MAR 2022 7:09PM by PIB Delhi
Ministry of Coal had launched the auction of coal mines for commercial mining under 14th Tranche of CMSP Act and 4th Tranche of MMDR Act on December 16, 2021. On the 1stday of the e-auction, four coal mines( under CMSP Act) were put up for auction and the details of the mines are as under: -
- All four coal mines are fully explored coal mines
- The total geological reserves for these coal mines are 498.10 Million Tonnes.
- Cumulative PRC for these coal mines is 10.76 MT per year.
The results for Day 1 are as under:
|
S. No.
|
Name of the Mine
|
State
|
PRC (mtpa)
|
Geological Reserves (MT)
|
Closing Bid Submitted by
|
Reserve Price (%)
|
Final Offer (%)
|
|
1
|
Rabodih OCP
|
Jharkhand
|
2.50
|
133.17
|
Twenty First Century Mining Private Limited / 242211
|
4.00
|
6.00
|
|
2
|
Chinora
|
Maharashtra
|
0.256
|
17.85
|
BS Ispat Ltd / 64979
|
4.00
|
53.00
|
|
3-4
|
Utkal B1 & Utkal B2
|
Odisha
|
8.00
|
347.08
|
Jindal Steel and Power Limited / 64898
|
4.00
|
15.25
|
.*****
MV/AKN/RKP
(Release ID: 1812081)
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