DAY 7 OF COMMERCIAL COAL MINE AUCTION


  • 1 coal mine of Chhattisgarh was put up for auction on Day 7 of Commercial Coal Mine Auction.
  • The total geological reserves of the mine put up for auction was ~234.205 MT with a PRC of ~1.2 MTPA.
  • The e-auction witnessed strong competition amongst the bidders with the mine attracting good premium over the floor price.

The results for Day 6 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/7

Chhattisgarh

1.20

234.205

SARDA ENERGY AND MINERALS

LIMITED/64896

4

66.75

210.49

***

RJ/NG



    Source PIB