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Block Name: Gorumahisani Iron Ore Block

Blockcode:
OR22
State:
ODISHA
District:
Mayurbhanj
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200429130851
Auction Number:
20200429131155
Preferred Bidder:
Ghanshyam Mishra & Sons Private Limited
Tender Entry Date:
29-04-2020
Tender Number:
20200429130851
Preferred Bidder:
Ghanshyam Mishra & Sons Private Limited
E-Auction Number:
20200429131155
Block Name:
Gorumahisani Iron Ore Block
State:
ODISHA
District:
Mayurbhanj
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
17.60 Million Tonne
Net Avg IBM Price:
Rs. 1752.14 Cr
Total Estimated Royalty:
Rs. 462.56 Cr
Total Estimated DMF:
Rs. 46.26 Cr
Total Estimated NMET:
Rs. 9.25 Cr
Value of Estimated Resources:
Rs. 3083.77 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 518.07 Cr
Thickness of mineral:
Not Specified
Total Area:
349.50 Hectares
Mineralized Area:
35.962 Hectares
Non-Mineralized Area:
313.538 Hectares
Forest Land:
90.50 Hectares
Government Land:
257.549 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:
55% - 58% Fe
Mineral Unit:
Tonne
DMF:
Rs. 46.256 Cr (For 50 Years)
NMET:
Rs. 9.251 Cr (For 50 Years)
Mineral Estimation Reserve:
17.6 Million Tonne
Mineral Ibm Price:
Rs. 1752.14 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 462.565 Cr (For 50 Years)
E-Auction Date:
10-02-2020
Preferred Bidder:
Ghanshyam Mishra & Sons Private Limited
Reserve Price:
%
Block Name:
Gorumahisani Iron Ore Block
State Name:
ODISHA
District Name:
Mayurbhanj
IPO Price:
66.25 %
BID Price:
115 %
Total Revenue :
Rs. 4064.41 Cr
Additional Contribution Through Auction:
Rs. 3546.34 Cr