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Block Name: Nadidih Iron Ore Block (BICO)

Blockcode:
OR21
State:
ODISHA
District:
Sundargarh
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200429130211
Auction Number:
20200429130535
Preferred Bidder:
Sociedade De Fomento Industrial Private Limit
Tender Entry Date:
29-04-2020
Tender Number:
20200429130211
Preferred Bidder:
Sociedade De Fomento Industrial Private Limit
E-Auction Number:
20200429130535
Block Name:
Nadidih Iron Ore Block (BICO)
State:
ODISHA
District:
Sundargarh
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
20.48 Million Tonne
Net Avg IBM Price:
Rs. 1851.07 Cr
Total Estimated Royalty:
Rs. 568.65 Cr
Total Estimated DMF:
Rs. 56.86 Cr
Total Estimated NMET:
Rs. 11.37 Cr
Value of Estimated Resources:
Rs. 3790.99 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 636.88 Cr
Thickness of mineral:
Not Specified
Total Area:
73.855 Hectares
Mineralized Area:
36.640 Hectares
Non-Mineralized Area:
37.215 Hectares
Forest Land:
68.282 Hectares
Government Land:
6.218 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. 56.865 Cr (For 50 Years)
NMET:
Rs. 11.373 Cr (For 50 Years)
Mineral Estimation Reserve:
20.48 Million Tonne
Mineral Ibm Price:
Rs. 1851.07 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 568.649 Cr (For 50 Years)
E-Auction Date:
09-02-2020
Preferred Bidder:
Sociedade De Fomento Industrial Private Limit
Reserve Price:
%
Block Name:
Nadidih Iron Ore Block (BICO)
State Name:
ODISHA
District Name:
Sundargarh
IPO Price:
81.65 %
BID Price:
141.25 %
Total Revenue :
Rs. 5991.65 Cr
Additional Contribution Through Auction:
Rs. 5354.77 Cr