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Block Name: M/s Mineral Enterprises Limited, ML. No. 2346

Blockcode:
KA30
State:
KARNATAKA
District:
Chitradurga
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200504120658
Auction Number:
20200504120941
Preferred Bidder:
M/s JSW Steels Limited
Tender Entry Date:
04-05-2020
Tender Number:
20200504120658
Preferred Bidder:
M/s JSW Steels Limited
E-Auction Number:
20200504120941
Block Name:
M/s Mineral Enterprises Limited, ML. No. 2346
State:
KARNATAKA
District:
Chitradurga
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
60.67 Million Tonne
Net Avg IBM Price:
Rs. 1162.33 Cr
Total Estimated Royalty:
Rs. 1057.78 Cr
Total Estimated DMF:
Rs. 105.78 Cr
Total Estimated NMET:
Rs. 21.16 Cr
Value of Estimated Resources:
Rs. 7051.86 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 1184.72 Cr
Thickness of mineral:
Not Specified
Total Area:
93.6 Hectares
Mineralized Area:
63.38 Hectares
Non-Mineralized Area:
30.22 Hectares
Forest Land:
93.6 Hectares
Government Land:
0 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:
08-03-2019
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. 105.778 Cr (For 50 Years)
NMET:
Rs. 21.156 Cr (For 50 Years)
Mineral Estimation Reserve:
60.67 Million Tonne
Mineral Ibm Price:
Rs. 1162.33 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 1057.778 Cr (For 50 Years)
E-Auction Date:
24-07-2019
Preferred Bidder:
M/s JSW Steels Limited
Reserve Price:
%
Block Name:
M/s Mineral Enterprises Limited, ML. No. 2346
State Name:
KARNATAKA
District Name:
Chitradurga
IPO Price:
65 %
BID Price:
67.1 %
Total Revenue :
Rs. 5916.52 Cr
Additional Contribution Through Auction:
Rs. 4731.8 Cr