(3rd TRANCHE OF AUCTION UNDER THE MINES AND MINERAL (DEVELOPMENT AND REGULATIONS) ACT, 1957)
The Ministry of Coal had launched the auction of coal mines for commercial mining under 13th Tranche of CMSP Act and 3rd Tranche of MMDR Act on October 12, 2021. On the 1st day of the e-auction, 5 coal mines were put up for auction out of which 3 coal mines were CMSP coal mines and 2 were MMDR coal mines. The details of the coal mines are as under:-
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 | Bankhui* | Odisha | NA | 800.00 | Yazdani Steel And Power Limited/ 274545 | 4.00 | 18.00 |
| 2 | Bijahan | Odisha | 5.26 | 327.05 | Mahanadi Mines and Minerals Private Limited/ 237318 | 4.00 | 14.00 |
| 3 & 4 | Brinda & Sasai | Jharkhand | 0.68 | 61.05 | Dalmia Cement Bharat Limited/ 65013 | 4.00 | 8.00 |
| 5 | Koiajan | Assam | 0.004 | 0.06 | Assam Mineral Development Corporation Limited/ 265144 | 4.00 | 81.50 |
*PRC is not available for the partially explored coal mine.
********
Also See:
NoBroker, India's first proptech unicorn, is bringing an exciting opportunity for homebuyers with the launch…
In a remarkable achievement, Manthan School has been ranked 3rd in Telangana and Hyderabad, and…
Solidus Techno Power Pvt. Ltd., a leader in solar EPC solutions, is pleased to announce…
Salesforce, the worlds #1 CRM, powered by AI technology and capabilities, today hosted India's first…
Lung cancer remains one of the most prevalent and deadly cancers globally, with approximately 2.2…
At Lord's Mark Industries Limited, led by Sachidanand Upadhyay, we are committed to fostering positive…