New Delhi : The Ministry of Coal had launched the auction of coal mines for commercial mining under second attempt of 4th Tranche of CMSP Act & MMDR Act and 5th Tranche of CMSP Act & MMDR Act on March 30, 2022. On the 1st and 2nd day of the e-auction, cumulative 10 coal mines were put up for auction of which 5 coal mines were CMSP coal mines and 5 coal mines were MMDR coal mines. The details of the coal mines are as under: –
- Seven coal mines are fully explored coal mines and 3 coal mines are partially explored coal mines
- The total geological reserves for these 10 coal mines are 3,445.76 Million Tonnes.
- Cumulative Peak Rate Capacity (PRC) for these coal mines is around 39.31 MTPA.
The results for Day 1 and Day 2 are as under:
| S. No. | Name of the Mine | State | PRC (mtpa) | Geological Reserves (MT) | Closing Bid Submitted by | Reserve Price (%) | Final Offer (%) |
| 1 | Sursa | Chhattisgarh | NA | 72.55 | Madhya Bharat Minerals Private Limited/333702 | 4.00 | 5.50 |
| 2 | Dahegaon/Makardhokra-IV | Maharashtra | 1.61 | 121.00 | Avassa Ferro Alloys Private Limited/332977 | 4.00 | 5.50 |
| 3 | Basantpur | Jharkhand | NA | 200.00 | Gangaramchak Mining Private Limited/148095 | 4.00 | 5.00 |
| 4 | Bandha North | Madhya Pradesh | NA | 500.00 | Jaiprakash Power Ventures Limited/64702 | 4.00 | 15.75 |
| 5 | Marki Mangli-IV | Maharashtra | 0.20 | 3.42 | Sobhagya Mercantile Limited/321854 | 4.00 | 6.00 |
| 6 | Jitpur | Jharkhand | 2.50 | 81.10 | Terri Mining Private Limited/327195 | 4.00 | 7.00 |
| 7-8 | Rampia & Dip Side of Rampia | Odisha | 15.00 | 1179.41 | Jhar Mineral Resources Private Limited/231029 | 4.50 | 9.50 |
| 9-10 | Ghogharpalli & Its Dip Extension | Odisha | 20.00 | 1,288.28 | Vedanta Limited/68522 | 4.00 | 23.00 |
Under the commercial coal mining auction process a total of 57 coal mines, including the above 10 coal mines auctioned in Second Attempt of Tranche-4 and Tranche-5, have been successfully auctioned till date with a total cumulative PRC of 140.75 MTPA.
With operationalization of these mines private sector will have a significant share in domestic coal production and dependency on imported coal will reduce. The commercial auctions will generate a huge revenue to the government treasury and will help in the social development of population surrounding the coal bearing areas.
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