Day 4 of Commercial Coal Mine Auction

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Coal Fields under Forest Land
Coal Fields under Forest Land
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Azadi Ka Amrit Mahoutsav

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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 MineStatePRC (mtpa)Geological Reserves (MT)Closing Bid Submitted byFloor Price (%)Final Offer (%)Annual Revenue Generated based on PRC of mine (Rs. Cr.)
1Rajhara North (Central & Eastern)Jharkhand0.7520.27FAIRMINE CARBONS PRIVATE LIMITED/149447423.00119.14
2Sahapur EastMadhya Pradesh0.7063.36Chowgule and Company Private Limited/148516441.00142.51

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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