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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
About Post Author
Editor Desk
Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc.
She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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