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Block Name: Mahulsukha Iron Ore & Manganese Block

Blockcode:
OR20
State:
ODISHA
District:
Sundargarh
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200429125356
Auction Number:
20200429125802
Preferred Bidder:
Patnaik Minerals Private Ltd
Tender Entry Date:
29-04-2020
Tender Number:
20200429125356
Preferred Bidder:
Patnaik Minerals Private Ltd
E-Auction Number:
20200429125802
Block Name:
Mahulsukha Iron Ore & Manganese Block
State:
ODISHA
District:
Sundargarh
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
32.81 Million Tonne
Net Avg IBM Price:
Rs. 1230.12 Cr
Total Estimated Royalty:
Rs. 605.41 Cr
Total Estimated DMF:
Rs. 60.54 Cr
Total Estimated NMET:
Rs. 12.11 Cr
Value of Estimated Resources:
Rs. 4036.04 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 678.06 Cr
Thickness of mineral:
Not Specified
Total Area:
399.838 Hectares
Mineralized Area:
201.978 Hectares
Non-Mineralized Area:
197.860 Hectares
Forest Land:
368.042 Hectares
Government Land:
22.275 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:
Below 55% Fe
Mineral Unit:
Tonne
DMF:
Rs. 60.541 Cr (For 50 Years)
NMET:
Rs. 12.108 Cr (For 50 Years)
Mineral Estimation Reserve:
32.81 Million Tonne
Mineral Ibm Price:
Rs. 1230.124 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 605.406 Cr (For 50 Years)
E-Auction Date:
08-02-2020
Preferred Bidder:
Patnaik Minerals Private Ltd
Reserve Price:
%
Block Name:
Mahulsukha Iron Ore & Manganese Block
State Name:
ODISHA
District Name:
Sundargarh
IPO Price:
77 %
BID Price:
92.70 %
Total Revenue :
Rs. 4419.47 Cr
Additional Contribution Through Auction:
Rs. 3741.41 Cr