- 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 |
***
RJ/NG
