Ministry of Coal
Day 4 of Commercial Coal Mine Auction
Posted On:
05 NOV 2020 6:12PM by PIB Delhi
- 2 coal mines (1 in Madhya Pradesh and 1 in Jharkhand) were put up for auction on Day 4 of Commercial Coal Mine Auction.
- The total geological reserves of the mines put up for auction are ~83.63 MT with a cumulative PRC of ~1.4 MTPA.
- The e-auction witnessed strong competition amongst the bidders with both the mines attracting good premiums over the floor price.
The results for Day 4 are as under:
|
S. No.
|
Name of the Mine
|
State
|
PRC (mtpa)
|
Geological Reserves (MT)
|
Closing Bid Submitted by
|
Floor Price (%)
|
Final Offer (%)
|
Annual Revenue Generated based on PRC of mine (Rs. Cr.)
|
|
1
|
Rajhara North (Central & Eastern)
|
Jharkhand
|
0.75
|
20.27
|
FAIRMINE CARBONS PRIVATE LIMITED/149447
|
4
|
23.00
|
119.14
|
|
2
|
Sahapur East
|
Madhya Pradesh
|
0.70
|
63.36
|
Chowgule and Company Private Limited/148516
|
4
|
41.00
|
142.51
|
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