(3rd TRANCHE OF AUCTION UNDER THE MINES AND MINERAL (DEVELOPMENT AND REGULATIONS) ACT, 1957)
Ministry of Coal had launched the auction of coal mines for commercial mining under 13th Tranche of CMSP Act and 3rd Tranche of MMDRAct on October 12, 2021. On the 2nd and 3rdday of the e-auction, cumulativel five coal mines were put up for auction of which three coal mines were CMSP coal mines and two were MMDR coal mines. The details of the coal mines are as under:-
The cumulative results for Day 2 and Day 3 are as under:
S. No. | Name of the Mine | State | PRC (mtpa) | Geological Reserves (MT) | Closing Bid Submitted by | Reserve Price (%) | Final Offer (%) |
1 | Meenakshi | Odisha | 12.00 | 285.23 | Hindalco Industries Limited/64856 | 4.00 | 10.25 |
2 | Garampani | Assam | 0.02 | 0.468 | Assam Mineral Development Corporation Limited/265144 | 4.00 | 288.25 |
3 | Majra | Maharashtra | 0.48 | 31.036 | BS Ispat Limited/64979 | 4.00 | 18.25 |
4 | Namchik Namphuk | Arunachal Pradesh | 0.20 | 14.970 | E-auction was in progress till 10:00 AM on 11.02.2022. | 4.00 | _ |
5 | Utkal- C | Odisha | 3.37 | 196.347 | Jindal Steel And Power Limited/64898 | 4.00 | 45.00 |
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