Ministry of Coal
Five Coal Mines put up for Auction on Day One of 10th Round of Commercial Coal Mine Auction
Posted On: 21 NOV 2024 6:24PM by PIB Delhi
Ministry of Coal had launched the auction of coal mines for commercial mining under 10th round on June 21, 2024. After evaluation of bids, forward e-auctions for nine mines commenced from 21.11.2024.
On the First day, 5 coal mines were put up for auction. One of the five coal mine is fully explored coal mine while 4 coal mines are partially explored coal mines. The total geological reserves for these 5 coal mines are 2,630.77 Million Tonnes. Cumulative Peak Rated Capacity (PRC) for these coal mines is 12.00 MTPA.
The results for Day 1 are as under:
|
S. No. |
Name of the Mine |
State |
PRC (mtpa) |
Geological Reserves (MT) |
Closing Bid Submitted by |
Reserve Price (%) |
Final Offer (%) |
|
1 |
Marwatola South |
Madhya Pradesh |
NA |
126.300 |
Mineware Advisors Private Limited |
4.00 |
22.25 |
|
2 |
New Patrapara South |
Odisha |
12.00 |
720.870 |
NLC India Limited |
4.00 |
5.50 |
|
3 |
Sarai East (South) |
Madhya Pradesh |
NA |
128.600 |
ACC Limited |
4.00 |
5.50 |
|
4 |
Gawa (East) |
Jharkhand |
NA |
55.000 |
Shreeji Nuravi Coal Mining and Trading Private Limited |
4.00 |
7.00 |
|
5 |
Bartap(Revised) |
Odisha |
NA |
1600.00 |
JSW Energy Utkal Limited |
4.00 |
8.50 |
These coal mines upon operationalization will generate Annual Revenue of ~Rs. 1106.91 crores calculated at PRC of these coal mines (excluding Partially Explored coal mines). These mines will attract capital investment of ~Rs. 1800.00 crores and will provide employment to ~ 16,224 people.
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