Ministry of Coal of the Republic of India

11/25/2024 | Press release | Distributed by Public on 11/25/2024 07:59

One Coal Block put up for Auction on Day - 3 of Commercial Coal Mine Auctions

Ministry of Coal

One Coal Block put up for Auction on Day - 3 of Commercial Coal Mine Auctions

Posted On: 25 NOV 2024 7:18PM by PIB Delhi

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

****

ST


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