Day 4 of Commercial Coal Mine Auction
By PIB Delhi
- 2 coal mines (1 in Madhya Pradesh and 1 in Jharkhand) were put up for auction on Day 4 of Commercial Coal Mine Auction.
- The total geological reserves of the mines put up for auction are ~83.63 MT with a cumulative PRC of ~1.4 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 4 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||Rajhara North (Central & Eastern)||Jharkhand||0.75||20.27||FAIRMINE CARBONS PRIVATE LIMITED/149447||4||23.00||119.14|
|2||Sahapur East||Madhya Pradesh||0.70||63.36||Chowgule and Company Private Limited/148516||4||41.00||142.51|