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
