By Our Correspondent
NEW DELHI/BHUBANESWAR: 2 coal mines (1 in Odisha and 1 in Jharkhand) were put up for auction on Day 5 of Commercial Coal Mine Auction on Friday. 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.
EMIL Mines and Mineral Resources Limited/148771 bagged Radhikapur (East) Odisha by 16.75% and Aurobindo Reality and Infrastructure Pvt Ltd/146875 won Urma Paharitola Jharkhand by bidding 26.50%.
Earlier on Thursday, 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. Rajhara North (Central & Eastern) in Jharkhand went to Fairmine Carbons Pvt Ltd/149447 and Sahapur East in Madhya Pradesh bagged by Chowgule and Company Private Limited/148516.
