Four (4) coal mines (3 in Madhya Pradesh and 1 in Chhattisgarh) were put up for auction on Day 3 of Commercial Coal Mine Auction.The total geological reserves of the mines put up for auction are ~161 MT with a cumulative PRC of ~7 MTPA.
The e-auction witnessed strong competition amongst the bidders with allmines attracting good premiums over the floor price.
The results for Day 3 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
|
Gare-Palma-IV/1
|
Chhattisgarh
|
6.00
|
84.262
|
JINDAL POWER LIMITED/64849
|
4
|
25.00
|
652.10
|
|
2-3
|
Gotitoria (East)
|
Madhya Pradesh
|
0.30
|
7.452
|
BOULDER STONE MART PRIVATE LIMITED/154034
|
4
|
54.00
|
70.77
|
|
Gotitoria (West)
|
|
4
|
Urtan North
|
Madhya Pradesh
|
0.60
|
69.823
|
JMS MINING PRIVATE LIMITED/147074
|
4
|
9.50
|
84.64
|
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RJ/NG