One Coal Block put up for Auction on Day – 3 of Commercial Coal Mine Auctions
One Coal Block put up for Auction on Day – 3 of Commercial Coal Mine Auctions
Ministry of Coal had launched the auction of coal blocks for commercial mining under 10th round on June 21, 2024. After evaluation of bids, forward e-auction for nine blocks commenced on 21.11.2024.
On the third day, one coal block was put up for auction. The coal block is a partially explored coal block. The total geological reserves for the coal block are 600 million tonnes.
The result for Day 3 is as under:
S. No.
Name of the Block
State
PRC (mtpa)
Geological Reserves (MT)
Closing Bid Submitted by
Reserve Price (%)
Final Offer (%)
1
Kerendari – BC North
Jharkhand
NA
600.00
Orissa Alloy Steel Private Limited
4.00
23.25