Block Name: ghoraburhani- sagasahi
- Blockcode:
- OR01
- State:
- ODISHA
- District:
- Sundargarh
- Minerals:
- IRON ORE
- Block Status:
- Allocated
- Tender Number:
- 20170105100751
- Auction Number:
- 20170105174726
- Preferred Bidder:
- Essar Steel India Ltd.
- Tender Entry Date:
- 05-01-2017
- Tender Number:
- 20170105100751
- Preferred Bidder:
- Essar Steel India Ltd.
- E-Auction Number:
- 20170105174726
- Block Name:
- ghoraburhani- sagasahi
- State:
- ODISHA
- District:
- Sundargarh
- Case Type:
- ML
- End User Reservation:
- Yes
- Comment :
- Reserved for integrated steel plants
- Total Estimated Reserves:
- 99.59 Million Tonne
- Net Avg IBM Price:
- Rs. 1860.11 Cr
- Total Estimated Royalty:
- Rs. 2778.736 Cr
- Total Estimated DMF:
- Rs. 277.874 Cr
- Total Estimated NMET:
- Rs. 55.575 Cr
- Value of Estimated Resources:
- Rs. 18524.906 Cr
- Total of Royalty + DMF + NMET +Other:
- Rs. 3112.18 Cr
- Thickness of mineral:
- 55% Fe grade: 2m - 113m , 45%- 55% Fe grade: 1.75 m - 28 m
- Total Area:
- 139.165 Hectares
- Mineralized Area:
- 90.629 Hectares
- Non-Mineralized Area:
- 48.536 Hectares
- Forest Land:
- 20.885 Hectares
- Government Land:
- 110.698 Hectares
- Private Land:
- 7.582 Hectares
- Chargha Land:
- 0 Hectares
- Exploration done by Agency:
- GSI
- Total Station & DGPS Agency:
- GSI
- GR Preparation & Digitization Agency:
- ORSAC
- 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:
- 20-01-2016
- Start Date for Sale of Tender Document:
- 23-12-2015
- Last Date for Sale of Tender Document:
- 05-02-2016
- Last Date of Submission:
- 10-02-2016
- No. of tender Documents Bought:
- No. of initial Bids Received:
- 7
- Initial Bid Opening Date:
- Not Specified
- Announcement of technically qualified bidders:
- 25-02-2016
- No. of technically qualified bidders:
- 7
- Reserve Price:
- 5 %
- Annulment:
- No
- Availability of Mineral:
Mineral Details:
- Mineral Name:
- IRON ORE
- Mineral Grade:
- 55% - 58% Fe
- Mineral Unit:
- Tonne
- DMF:
- Rs. 236.942 Cr (For 50 Years)
- NMET:
- Rs. 47.388 Cr (For 50 Years)
- Mineral Estimation Reserve:
- 84.92 Million Tonne
- Mineral Ibm Price:
- Rs. 1860.12 /Tonne
- Mineral Old Royalty:
- Rs. 0 Cr (For 50 Years)
- Mineral New Royalty:
- Rs. 2369.421 Cr (For 50 Years)
- Mineral Name:
- IRON ORE
- Mineral Grade:
- Below 55% Fe
- Mineral Unit:
- Tonne
- DMF:
- Rs. 40.932 Cr (For 50 Years)
- NMET:
- Rs. 8.186 Cr (For 50 Years)
- Mineral Estimation Reserve:
- 14.67 Million Tonne
- Mineral Ibm Price:
- Rs. 1860.1 /Tonne
- Mineral Old Royalty:
- Rs. 0 Cr (For 50 Years)
- Mineral New Royalty:
- Rs. 409.315 Cr (For 50 Years)
- E-Auction Date:
- 02-03-2016
- Preferred Bidder:
- Essar Steel India Ltd.
- Reserve Price:
- 5 %
- Block Name:
- ghoraburhani- sagasahi
- State Name:
- ODISHA
- District Name:
- Sundargarh
- IPO Price:
- 27 %
- BID Price:
- 44.35 %
- Total Revenue :
- Rs. 11327.98 Cr
- Additional Contribution Through Auction:
- Rs. 8215.796 Cr