Ministry of Coal
Five Coal Mines put up for Auction on Day One of 10th Round of Commercial Coal Mine Auction
Posted On:
21 NOV 2024 6:24PM by PIB Delhi
Ministry of Coal had launched the auction of coal mines for commercial mining under 10th round on June 21, 2024. After evaluation of bids, forward e-auctions for nine mines commenced from 21.11.2024.
On the First day, 5 coal mines were put up for auction. One of the five coal mine is fully explored coal mine while 4 coal mines are partially explored coal mines. The total geological reserves for these 5 coal mines are 2,630.77 Million Tonnes. Cumulative Peak Rated Capacity (PRC) for these coal mines is 12.00 MTPA.
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
|
Marwatola South
|
Madhya Pradesh
|
NA
|
126.300
|
Mineware Advisors Private Limited
|
4.00
|
22.25
|
|
2
|
New Patrapara South
|
Odisha
|
12.00
|
720.870
|
NLC India Limited
|
4.00
|
5.50
|
|
3
|
Sarai East (South)
|
Madhya Pradesh
|
NA
|
128.600
|
ACC Limited
|
4.00
|
5.50
|
|
4
|
Gawa (East)
|
Jharkhand
|
NA
|
55.000
|
Shreeji Nuravi Coal Mining and Trading Private Limited
|
4.00
|
7.00
|
|
5
|
Bartap(Revised)
|
Odisha
|
NA
|
1600.00
|
JSW Energy Utkal Limited
|
4.00
|
8.50
|
These coal mines upon operationalization will generate Annual Revenue of ~Rs. 1106.91 crores calculated at PRC of these coal mines (excluding Partially Explored coal mines). These mines will attract capital investment of ~Rs. 1800.00 crores and will provide employment to ~ 16,224 people.
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