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Block Name: Nadidih Iron Ore and Manganese Block (Feegrade)

Blockcode:
OR23
State:
ODISHA
District:
Sundargarh
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200429131646
Auction Number:
20200429132020
Preferred Bidder:
Vishal LPG Industries
Tender Entry Date:
29-04-2020
Tender Number:
20200429131646
Preferred Bidder:
Vishal LPG Industries
E-Auction Number:
20200429132020
Block Name:
Nadidih Iron Ore and Manganese Block (Feegrade)
State:
ODISHA
District:
Sundargarh
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
15.06 Million Tonne
Net Avg IBM Price:
Rs. 2023.96 Cr
Total Estimated Royalty:
Rs. 457.21 Cr
Total Estimated DMF:
Rs. 45.72 Cr
Total Estimated NMET:
Rs. 9.14 Cr
Value of Estimated Resources:
Rs. 3048.09 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 512.07 Cr
Thickness of mineral:
Not Specified
Total Area:
121.405 Hectares
Mineralized Area:
71.134 Hectares
Non-Mineralized Area:
43.087 Hectares
Forest Land:
85.671 Hectares
Government Land:
31.535 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. 45.721 Cr (For 50 Years)
NMET:
Rs. 9.144 Cr (For 50 Years)
Mineral Estimation Reserve:
15.06 Million Tonne
Mineral Ibm Price:
Rs. 2023.964 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 457.213 Cr (For 50 Years)
E-Auction Date:
11-02-2020
Preferred Bidder:
Vishal LPG Industries
Reserve Price:
%
Block Name:
Nadidih Iron Ore and Manganese Block (Feegrade)
State Name:
ODISHA
District Name:
Sundargarh
IPO Price:
81.75 %
BID Price:
142.35 %
Total Revenue :
Rs. 4851.03 Cr
Additional Contribution Through Auction:
Rs. 4338.96 Cr