Day 5 of Commercial Coal Mine Auction


  • 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



    Source PIB