Ministry of Coal
Day 2 of Commercial Coal Mine Auction – Euphoria Continues
Posted On:
03 NOV 2020 5:53PM by PIB Delhi
- 4 coal mines (3 in Madhya Pradesh and 1 in Jharkhand) were put up for auction on Day 2 of Commercial Coal Mine Auction.
- The total geological reserves of the mines put up for auction are ~1085 MT with a cumulative PRC of ~9 MTPA.
- The e-auction witnessed strong competition amongst the bidders with all mines attracting good premiums over the reserve price.
The results for Day 2 are as under:
S. No.
|
Name of the Mine
|
State
|
PRC (mtpa)
|
Geological Reserves (MT)
|
Preferred Bidder
|
Floor Price (%)
|
Final Offer (%)
|
Annual Revenue Generated based on PRC of mine (Rs. Cr.)
|
1
|
Bandha
|
Madhya Pradesh
|
5.00
|
441.50
|
EMIL MINES AND MINERAL RESOURCES LIMITED/148771
|
4
|
21.00
|
799.82
|
2
|
Brahmadiha
|
Jharkhand
|
0.15
|
5.00
|
THE ANDHRA PRADESH MINERAL DEVELOPMENT CORPORATION LTD/75892
|
4
|
41.75
|
114.81
|
3
|
Dhirauli
|
Madhya Pradesh
|
3.00
|
586.39
|
STRATATECH MINERAL RESOURCES PRIVATE LIMITED/147828
|
4
|
12.50
|
398.27
|
4
|
Sahapur West
|
Madhya Pradesh
|
0.60
|
52.68
|
SARDA ENERGY AND MINERALS
LIMITED/64896
|
4
|
26.00
|
103.83
|
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RJ/NG
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