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Visitor Number : 17563

Block Name: Mudhvay Sub- Block C

Blockcode:
GJ03
State:
GUJARAT
District:
Kutch
Minerals:
LIMESTONE
Block Status:
Allocated
Tender Number:
20170425211633
Auction Number:
20170601180001
Preferred Bidder:
Adani Cementation Ltd
Tender Entry Date:
25-04-2017
Tender Number:
20170425211633
Preferred Bidder:
Adani Cementation Ltd
E-Auction Number:
20170601180001
Block Name:
Mudhvay Sub- Block C
State:
GUJARAT
District:
Kutch
Case Type:
ML
End User Reservation:
No
Comment :
Reserved for cement plants
Total Estimated Reserves:
325.00 Million Tonne
Net Avg IBM Price:
Rs. 469.42 Cr
Total Estimated Royalty:
Rs. 2600 Cr
Total Estimated DMF:
Rs. 260 Cr
Total Estimated NMET:
Rs. 52 Cr
Value of Estimated Resources:
Rs. 15256.15 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 2912 Cr
Thickness of mineral:
57.5 m
Total Area:
251.9 Hectares
Mineralized Area:
0 Hectares
Non-Mineralized Area:
0 Hectares
Forest Land:
0 Hectares
Government Land:
151 Hectares
Private Land:
0 Hectares
Chargha Land:
108 Hectares
Exploration done by Agency:
DMG
GMDC
Total Station & DGPS Agency:
GMDC
GR Preparation & Digitization Agency:
GEOVALE SERVIES KOLKATA
Cost of Tender Document:
2 Lakh
Transaction Advisor:
SBI CAP
Auction Platform Provider:
MSTC
Bid Security Amount:
Not Specified
Minimum production requirement in MDPA:
Not Specified
Pre-Bid Meeting:
27-04-2017
Start Date for Sale of Tender Document:
28-03-2017
Last Date for Sale of Tender Document:
09-05-2017
Last Date of Submission:
12-05-2017
No. of tender Documents Bought:
4
No. of initial Bids Received:
3
Initial Bid Opening Date:
24-05-2017
Announcement of technically qualified bidders:
23-05-2017
No. of technically qualified bidders:
3
Reserve Price:
5 %
Annulment:
No
Reason of Annulment:
minimum requirement of 3 bidders per block could not be met
Availability of Mineral:
Lessons from Annulment:
Likely issues in these blocks were requirement of cement plant in the State, Coastline environmental restrictions, high chloride content accompanied by general dull market sentiment in the cement industry.
Mineral Details:
Mineral Name:
LIMESTONE
Mineral Grade:
Cement grade
Mineral Unit:
Tonne
DMF:
Rs. 260 Cr (For 50 Years)
NMET:
Rs. 52 Cr (For 50 Years)
Mineral Estimation Reserve:
325 Million Tonne
Mineral Ibm Price:
Rs. 469.42 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 2600 Cr (For 50 Years)
E-Auction Date:
25-05-2017
Preferred Bidder:
Adani Cementation Ltd
Reserve Price:
5 %
Block Name:
Mudhvay Sub- Block C
State Name:
GUJARAT
District Name:
Kutch
IPO Price:
5.25 %
BID Price:
30.05 %
Total Revenue :
Rs. 7496.47 Cr
Additional Contribution Through Auction:
Rs. 4584.47 Cr
SNo. Tender Number NIT Date Action
#12017010510591205-01-2017View