- 2 coal mines (1 in Odisha and 1 in Jharkhand) were put up for auction on Day 5 of Commercial Coal Mine Auction.
- The total geological reserves of the mines put up for auction are ~755.63 MT with a cumulative PRC of ~15 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 5 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||Radhikapur (East)||Odisha||5.00||176.33||EMIL Mines and Mineral Resources Limited/148771||4||16.75||466.58|
|2||Urma Paharitola||Jharkhand||10.00||579.30||AUROBINDO REALITY AND INFRASTRUCTURE PRIVATE