- 4 coal mines (3 in Madhya Pradesh and 1 in Jharkhand) were put up for auction on Day 2 of Commercial Coal Mine Auction.
- The total geological reserves of the mines put up for auction are ~1085 MT with a cumulative PRC of ~9 MTPA.
- The e-auction witnessed strong competition amongst the bidders with all mines attracting good premiums over the reserve price.
The results for Day 2 are as under:
|
S. No. |
Name of the Mine |
State |
PRC (mtpa) |
Geological Reserves (MT) |
Preferred Bidder |
Floor Price (%) |
Final Offer (%) |
Annual Revenue Generated based on PRC of mine (Rs. Cr.) |
|
1 |
Bandha |
Madhya Pradesh |
5.00 |
441.50 |
EMIL MINES AND MINERAL RESOURCES LIMITED/148771 |
4 |
21.00 |
799.82 |
|
2 |
Brahmadiha |
Jharkhand |
0.15 |
5.00 |
THE ANDHRA PRADESH MINERAL DEVELOPMENT CORPORATION LTD/75892 |
4 |
41.75 |
114.81 |
|
3 |
Dhirauli |
Madhya Pradesh |
3.00 |
586.39 |
STRATATECH MINERAL RESOURCES PRIVATE LIMITED/147828 |
4 |
12.50 |
398.27 |
|
4 |
Sahapur West |
Madhya Pradesh |
0.60 |
52.68 |
SARDA ENERGY AND MINERALS LIMITED/64896 |
4 |
26.00 |
103.83 |
****
RJ/NG
