The Ministry of Coal has launched the auctions of coal mines for commercial mining under 7th round and second attempt of 6th round on 29 March 2023. After the evaluation of the offers, the electronic futures auctions for six mines have been started since 01.08.2023.
The 3rd On the day of the electronic auction, an MMDR coal mine was auctioned. The details of the coal mine are as follows:-
- The coal mine is partially explored.
- The total geological reserves of this coal mine amount to 90 million tons.
The result for Day 3 is as follows:
Yes.No. | Name of the mine | State | People’s Republic of China (mtpa) | Geological reserves (MT) | Closing offer submitted by | Reserve price (%) | Final offer (%) |
1 | Cap | Chattisgarh | THAT | 90.00 | Nilkanth Coal Mining Private Limited | 4.00 | 34.50 |
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FROM/RKP