Block Name: Chitale- watangi
- Blockcode:
- MH09
- State:
- MAHARASHTRA
- District:
- Kolhapur
- Minerals:
- BAUXITE
- Block Status:
- Allocated
- Tender Number:
- 20170425222213
- Auction Number:
- 20170621172104
- Preferred Bidder:
- Gamma Iron India Ltd
- Tender Entry Date:
- 25-04-2017
- Tender Number:
- 20170425222213
- Preferred Bidder:
- Gamma Iron India Ltd
- E-Auction Number:
- 20170621172104
- Block Name:
- Chitale- watangi
- State:
- MAHARASHTRA
- District:
- Kolhapur
- Case Type:
- ML
- End User Reservation:
- No
- Comment :
- Total Estimated Reserves:
- 2.86 Million Tonne
- Net Avg IBM Price:
- Rs. 0 Cr
- Total Estimated Royalty:
- Rs. 0 Cr
- Total Estimated DMF:
- Rs. 0 Cr
- Total Estimated NMET:
- Rs. 0 Cr
- Value of Estimated Resources:
- Rs. 80.37 Cr
- Total of Royalty + DMF + NMET +Other:
- Rs. 0 Cr
- Thickness of mineral:
- 1 m - 11m
- Total Area:
- 75 Hectares
- Mineralized Area:
- 44 Hectares
- Non-Mineralized Area:
- 31 Hectares
- Forest Land:
- 75 Hectares
- Government Land:
- 0 Hectares
- Private Land:
- 0 Hectares
- Chargha Land:
- 0 Hectares
- Exploration done by Agency:
- DMG
- Total Station & DGPS Agency:
- DMG
- GR Preparation & Digitization Agency:
- Not Specified
- Cost of Tender Document:
- 5 Lakh
- Transaction Advisor:
- SBI CAP
- Auction Platform Provider:
- MSTC
- Bid Security Amount:
- Not Specified
- Minimum production requirement in MDPA:
- Not Specified
- Pre-Bid Meeting:
- 09-05-2017
- Start Date for Sale of Tender Document:
- 05-04-2017
- Last Date for Sale of Tender Document:
- 19-05-2017
- Last Date of Submission:
- 22-05-2017
- No. of tender Documents Bought:
- Initial Bid Opening Date:
- 23-05-2017
- Announcement of technically qualified bidders:
- 09-06-2017
- Reserve Price:
- 5 %
- Annulment:
- No
- Reason of Annulment:
- minimum requirement of 3 bid per bidder not met.Poor grade bauxite ore, area falls under forest area.
- Availability of Mineral:
- Lessons from Annulment:
- not specified
Mineral Details:
- Mineral Name:
- BAUXITE
- Mineral Grade:
- Below 40% Al2O3
- Mineral Unit:
- Tonne
- DMF:
- Rs. 0 Cr (For 50 Years)
- NMET:
- Rs. 0 Cr (For 50 Years)
- Mineral Estimation Reserve:
- 2.86 Million Tonne
- Mineral Ibm Price:
- Rs. /Tonne
- Mineral Old Royalty:
- Rs. 0 Cr (For 50 Years)
- Mineral New Royalty:
- Rs. 0 Cr (For 50 Years)
- E-Auction Date:
- 20-06-2017
- Preferred Bidder:
- Gamma Iron India Ltd
- Reserve Price:
- 5 %
- Block Name:
- Chitale- watangi
- State Name:
- MAHARASHTRA
- District Name:
- Kolhapur
- IPO Price:
- 13 %
- BID Price:
- 55 %
- Total Revenue :
- Rs. 66.7 Cr
- Additional Contribution Through Auction:
- Rs. 44.2 Cr