Ministry of Coal
Three Mines put up for Auction on Second day of Commercial Coal Mine Auctions
Posted On:
13 MAR 2024 7:54PM by PIB Delhi
On second day of auctions under 9th round and 8th round, 3 mines were put up for auctions. Out of the three mines, one mine is coking coal mine and 2 are non-coking coal mines. All 3 coal mines are partially explored mines having total geological reserves of 388.32 Million Tonnes and have received good competition among bidders.
Coal Ministry is on the path of achieving ‘Atmanirbhar’ in coal sector. Under Coking Coal Mission, coking coal mines have also been included for auctions. Domestic production of coking coal is important for country to reduce import.
The results for Day 2 are as under:
|
S. No.
|
Name of the Mine
|
State
|
Geological Reserves (MT)
|
Coking/
Non-Coking
|
Closing Bid Submitted by
|
Reserve Price (%)
|
Final Offer (%)
|
|
1
|
Baisi
|
Chhattisgarh
|
135.00
|
Non-Coking
|
Indermani Mineral India Pvt Ltd
|
4.00
|
52.00
|
|
2
|
West of Shahdol (South)
|
Madhya Pradesh
|
93.32
|
Non-Coking
|
JK Cement Ltd.
|
4.00
|
25.25
|
|
3
|
Babupara East
|
Jharkhand
|
160.00
|
Coking
|
E-Auction was going on till 6 PM on 13.03.2024.
|
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BY/ST
(Release ID: 2014352)
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