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Four Fully Explored Coal Mines of Jharkhand, Maharashtra and Odisha Put up For Auction

Newdelhi:31/3/22:Ministry of Coal had launched the auction of coal mines for commercial mining under 14th Tranche of CMSP Act and 4th Tranche of MMDR Act on December 16, 2021. On the 1stday of the e-auction, four coal mines( under CMSP Act) were put up for auction and the details of the mines are as under: –

  • All four  coal mines are fully explored coal mines
  • The total geological reserves for these coal mines are 498.10 Million Tonnes.
  • Cumulative PRC for these coal mines is 10.76 MT per year.

The results for Day 1 are as under:

S. No. Name of the Mine State PRC (mtpa) Geological Reserves (MT) Closing Bid Submitted by Reserve Price (%) Final Offer (%)
1 Rabodih OCP Jharkhand 2.50 133.17 Twenty-First Century Mining Private Limited / 242211 4.00 6.00
2 Chinora Maharashtra 0.256 17.85 BS Ispat Ltd / 64979 4.00 53.00
3-4 Utkal B1 & Utkal B2 Odisha 8.00 347.08 Jindal Steel and Power Limited / 64898 4.00 15.25

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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