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Block Name: Narayanposhi Iron & Manganese Ore Block

Blockcode:
OR13
State:
ODISHA
District:
Sundargarh
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200428174759
Auction Number:
20200428175028
Preferred Bidder:
M/s JSW Steels Limited
Tender Entry Date:
28-04-2020
Tender Number:
20200428174759
Preferred Bidder:
M/s JSW Steels Limited
E-Auction Number:
20200428175028
Block Name:
Narayanposhi Iron & Manganese Ore Block
State:
ODISHA
District:
Sundargarh
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
184.60 Million Tonne
Net Avg IBM Price:
Rs. 2269.64 Cr
Total Estimated Royalty:
Rs. 6284.63 Cr
Total Estimated DMF:
Rs. 628.46 Cr
Total Estimated NMET:
Rs. 125.69 Cr
Value of Estimated Resources:
Rs. 41897.54 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 7038.78 Cr
Thickness of mineral:
Not Specified
Total Area:
349.254 Hectares
Mineralized Area:
207.601 Hectares
Non-Mineralized Area:
141.653 Hectares
Forest Land:
256.945 Hectares
Government Land:
90.063 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. 628.463 Cr (For 50 Years)
NMET:
Rs. 125.693 Cr (For 50 Years)
Mineral Estimation Reserve:
184.6 Million Tonne
Mineral Ibm Price:
Rs. 2269.639 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 6284.63 Cr (For 50 Years)
E-Auction Date:
01-02-2020
Preferred Bidder:
M/s JSW Steels Limited
Reserve Price:
%
Block Name:
Narayanposhi Iron & Manganese Ore Block
State Name:
ODISHA
District Name:
Sundargarh
IPO Price:
72 %
BID Price:
98.55 %
Total Revenue :
Rs. 48328.81 Cr
Additional Contribution Through Auction:
Rs. 41290.03 Cr