Ministry of Coal
Day – 1 & Day-2 of Commercial Coal Mine Auction
Ten Coal Mines of Five States Successfully Auctioned
Total Coal Reserves Estimated At 3445.76 Million Ton
Posted On:
14 SEP 2022 8:01PM by PIB Delhi
The Ministry of Coal had launched the auction of coal mines for commercial mining under second attempt of 4th Tranche of CMSP Act & MMDR Act and 5th Tranche of CMSP Act & MMDR Act on March 30, 2022. On the 1st and 2nd day of the e-auction, cumulative 10 coal mines were put up for auction of which 5 coal mines were CMSP coal mines and 5 coal mines were MMDR coal mines. The details of the coal mines are as under: -
- Seven coal mines are fully explored coal mines and 3 coal mines are partially explored coal mines
- The total geological reserves for these 10 coal mines are 3,445.76 Million Tonnes.
- Cumulative Peak Rate Capacity (PRC) for these coal mines is around 39.31 MTPA.
The results for Day 1 and Day 2 are as under:
|
S. No.
|
Name of the Mine
|
State
|
PRC (mtpa)
|
Geological Reserves (MT)
|
Closing Bid Submitted by
|
Reserve Price (%)
|
Final Offer (%)
|
|
1
|
Sursa
|
Chhattisgarh
|
NA
|
72.55
|
Madhya Bharat Minerals Private Limited/333702
|
4.00
|
5.50
|
|
2
|
Dahegaon/Makardhokra-IV
|
Maharashtra
|
1.61
|
121.00
|
Avassa Ferro Alloys Private Limited/332977
|
4.00
|
5.50
|
|
3
|
Basantpur
|
Jharkhand
|
NA
|
200.00
|
Gangaramchak Mining Private Limited/148095
|
4.00
|
5.00
|
|
4
|
Bandha North
|
Madhya Pradesh
|
NA
|
500.00
|
Jaiprakash Power Ventures Limited/64702
|
4.00
|
15.75
|
|
5
|
Marki Mangli-IV
|
Maharashtra
|
0.20
|
3.42
|
Sobhagya Mercantile Limited/321854
|
4.00
|
6.00
|
|
6
|
Jitpur
|
Jharkhand
|
2.50
|
81.10
|
Terri Mining Private Limited/327195
|
4.00
|
7.00
|
|
7-8
|
Rampia & Dip Side of Rampia
|
Odisha
|
15.00
|
1179.41
|
Jhar Mineral Resources Private Limited/231029
|
4.50
|
9.50
|
|
9-10
|
Ghogharpalli & Its Dip Extension
|
Odisha
|
20.00
|
1,288.28
|
Vedanta Limited/68522
|
4.00
|
23.00
|
Under the commercial coal mining auction process a total of 57 coal mines, including the above 10 coal mines auctioned in Second Attempt of Tranche-4 and Tranche-5, have been successfully auctioned till date with a total cumulative PRC of 140.75 MTPA.
With operationalization of these mines private sector will have a significant share in domestic coal production and dependency on imported coal will reduce. The commercial auctions will generate a huge revenue to the government treasury and will help in the social development of population surrounding the coal bearing areas.
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