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Block Name: Jajang Iron Ore Block

Blockcode:
OR18
State:
ODISHA
District:
Keonjhar
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200429124041
Auction Number:
20200429124323
Preferred Bidder:
M/s JSW Steels Limited
Tender Entry Date:
29-04-2020
Tender Number:
20200429124041
Preferred Bidder:
M/s JSW Steels Limited
E-Auction Number:
20200429124323
Block Name:
Jajang Iron Ore Block
State:
ODISHA
District:
Keonjhar
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
39.42 Million Tonne
Net Avg IBM Price:
Rs. 1395.88 Cr
Total Estimated Royalty:
Rs. 825.38 Cr
Total Estimated DMF:
Rs. 82.54 Cr
Total Estimated NMET:
Rs. 16.51 Cr
Value of Estimated Resources:
Rs. 5502.56 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 924.43 Cr
Thickness of mineral:
Not Specified
Total Area:
666.150 Hectares
Mineralized Area:
185.680 Hectares
Non-Mineralized Area:
409.491 Hectares
Forest Land:
488.513 Hectares
Government Land:
180.565 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:
58% - 60% Fe
Mineral Unit:
Tonne
DMF:
Rs. 82.538 Cr (For 50 Years)
NMET:
Rs. 16.508 Cr (For 50 Years)
Mineral Estimation Reserve:
39.42 Million Tonne
Mineral Ibm Price:
Rs. 1395.88 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 825.384 Cr (For 50 Years)
E-Auction Date:
06-02-2020
Preferred Bidder:
M/s JSW Steels Limited
Reserve Price:
%
Block Name:
Jajang Iron Ore Block
State Name:
ODISHA
District Name:
Keonjhar
IPO Price:
81.65 %
BID Price:
110 %
Total Revenue :
Rs. 6977.25 Cr
Additional Contribution Through Auction:
Rs. 6052.82 Cr