Day 5 of Commercial Coal Mine Auction

  • 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 MineStatePRC (mtpa)Geological Reserves (MT)Closing Bid Submitted byFloor Price (%)Final Offer (%)Annual Revenue Generated based on PRC of mine (Rs. Cr.)
1Radhikapur (East)Odisha5.00176.33EMIL Mines and Mineral Resources Limited/148771416.75466.58
2Urma PaharitolaJharkhand10.00579.30AUROBINDO REALITY AND INFRASTRUCTURE PRIVATE

LIMITED/146875

426.501415.85

 

BREAKING NEWS:
Get 365-day plans under ₹2000 before price hike! IPL 2026: Vaibhav Sooryavanshi Leads in Sixes! Rajasthan Royals lose despite Sooryavanshi’s fiery innings: Key culprits!