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Block Name: Nuagaon Iron Ore Block

Blockcode:
OR12
State:
ODISHA
District:
Keonjhar
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200428165240
Auction Number:
20200428165550
Preferred Bidder:
M/s JSW Steels Limited
Tender Entry Date:
28-04-2020
Tender Number:
20200428165240
Preferred Bidder:
M/s JSW Steels Limited
E-Auction Number:
20200428165550
Block Name:
Nuagaon Iron Ore Block
State:
ODISHA
District:
Keonjhar
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
789.05 Million Tonne
Net Avg IBM Price:
Rs. 2353.25 Cr
Total Estimated Royalty:
Rs. 27852.48 Cr
Total Estimated DMF:
Rs. 2785.25 Cr
Total Estimated NMET:
Rs. 557.05 Cr
Value of Estimated Resources:
Rs. 185683.19 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 31194.78 Cr
Thickness of mineral:
Not Specified
Total Area:
767.284 Hectares
Mineralized Area:
588.918 Hectares
Non-Mineralized Area:
178.366 Hectares
Forest Land:
649.508 Hectares
Government Land:
127.461 Hectares
Private Land:
0 Hectares
Chargha Land:
0 Hectares
Exploration done by Agency:

Total Station & DGPS Agency:
Not Specified
GR Preparation & Digitization Agency:
Not Specified
Cost of Tender Document:
0 Lakh
Transaction Advisor:
Not Specified
Auction Platform Provider:
Not Specified
Bid Security Amount:
Not Specified
Minimum production requirement in MDPA:
Not Specified
Pre-Bid Meeting:
Not Specified
Start Date for Sale of Tender Document:
Not Specified
Last Date for Sale of Tender Document:
Not Specified
Last Date of Submission:
Not Specified
No. of tender Documents Bought:
Initial Bid Opening Date:
Not Specified
Announcement of technically qualified bidders:
Not Specified
Reserve Price:
%
Annulment:
No
Availability of Mineral:
Mineral Details:
Mineral Name:
IRON ORE
Mineral Grade:
60% - 62% Fe
Mineral Unit:
Tonne
DMF:
Rs. 2785.248 Cr (For 50 Years)
NMET:
Rs. 557.05 Cr (For 50 Years)
Mineral Estimation Reserve:
789.05 Million Tonne
Mineral Ibm Price:
Rs. 2353.25 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 27852.479 Cr (For 50 Years)
E-Auction Date:
31-01-2020
Preferred Bidder:
M/s JSW Steels Limited
Reserve Price:
%
Block Name:
Nuagaon Iron Ore Block
State Name:
ODISHA
District Name:
Keonjhar
IPO Price:
89.4 %
BID Price:
95.2 %
Total Revenue :
Rs. 207965.18 Cr
Additional Contribution Through Auction:
Rs. 176770.4 Cr