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Block Name: M/s Narayan Mines Private Limited ML. No. 1602

Blockcode:
KA33
State:
KARNATAKA
District:
Bellary
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20200504122542
Auction Number:
20200504122742
Preferred Bidder:
M/s JSW Steels Limited
Tender Entry Date:
04-05-2020
Tender Number:
20200504122542
Preferred Bidder:
M/s JSW Steels Limited
E-Auction Number:
20200504122742
Block Name:
M/s Narayan Mines Private Limited ML. No. 1602
State:
KARNATAKA
District:
Bellary
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
22.27 Million Tonne
Net Avg IBM Price:
Rs. 1402.06 Cr
Total Estimated Royalty:
Rs. 468.27 Cr
Total Estimated DMF:
Rs. 46.83 Cr
Total Estimated NMET:
Rs. 9.37 Cr
Value of Estimated Resources:
Rs. 3121.83 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 524.47 Cr
Thickness of mineral:
Not Specified
Total Area:
107.51 Hectares
Mineralized Area:
44 Hectares
Non-Mineralized Area:
63.51 Hectares
Forest Land:
105.15 Hectares
Government Land:
2.36 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:
60% - 62% Fe
Mineral Unit:
Tonne
DMF:
Rs. 46.827 Cr (For 50 Years)
NMET:
Rs. 9.365 Cr (For 50 Years)
Mineral Estimation Reserve:
22.266 Million Tonne
Mineral Ibm Price:
Rs. 1402.06 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 468.274 Cr (For 50 Years)
E-Auction Date:
25-07-2019
Preferred Bidder:
M/s JSW Steels Limited
Reserve Price:
%
Block Name:
M/s Narayan Mines Private Limited ML. No. 1602
State Name:
KARNATAKA
District Name:
Bellary
IPO Price:
76.7 %
BID Price:
102.7 %
Total Revenue :
Rs. 3730.59 Cr
Additional Contribution Through Auction:
Rs. 3206.12 Cr