- 2 coal mines (1 in Odisha and 1 in Jharkhand) were put up for auction on Day 5 of Commercial Coal Mine Auction.
- The total geological reserves of the mines put up for auction are ~755.63 MT with a cumulative PRC of ~15 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 5 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 |
Radhikapur (East) |
Odisha |
5.00 |
176.33 |
EMIL Mines and Mineral Resources Limited/148771 |
4 |
16.75 |
466.58 |
2 |
Urma Paharitola |
Jharkhand |
10.00 |
579.30 |
AUROBINDO REALITY AND INFRASTRUCTURE PRIVATE LIMITED/146875 |
4 |
26.50 |
1415.85 |
****
RJ/NG