Block Name: Thanewasana
- Blockcode:
- MH04
- State:
- MAHARASHTRA
- District:
- Chandrapur
- Minerals:
- COPPER
- Block Status:
- Allocated
- Tender Number:
- 20180122174457
- Auction Number:
- 20200504113049
- Preferred Bidder:
- Vedanta Ltd.
- Tender Entry Date:
- 22-01-2018
- Tender Number:
- 20180122174457
- Preferred Bidder:
- Vedanta Ltd.
- E-Auction Number:
- 20200504113049
- Block Name:
- Thanewasana
- State:
- MAHARASHTRA
- District:
- Chandrapur
- Case Type:
- CL
- End User Reservation:
- No
- Comment :
- Total Estimated Reserves:
- 8.02 Million Tonne
- Net Avg IBM Price:
- Rs. 3881.46 Cr
- Total Estimated Royalty:
- Rs. 143.82 Cr
- Total Estimated DMF:
- Rs. 14.38 Cr
- Total Estimated NMET:
- Rs. 2.88 Cr
- Value of Estimated Resources:
- Rs. 3112.93 Cr
- Total of Royalty + DMF + NMET +Other:
- Rs. 161.08 Cr
- Thickness of mineral:
- 1.88 m - 18.84 m
- Total Area:
- 768.62 Hectares
- Mineralized Area:
- 77.00 Hectares
- Non-Mineralized Area:
- 691.62 Hectares
- Forest Land:
- 77.25 Hectares
- Government Land:
- 101.38 Hectares
- Private Land:
- 589.99 Hectares
- Chargha Land:
- 0 Hectares
- Exploration done by Agency:
- GSI
MECL - Total Station & DGPS Agency:
- Other
- GR Preparation & Digitization Agency:
- MECL
Other - Cost of Tender Document:
- 5 Lakh
- Transaction Advisor:
- SBI CAP
- Auction Platform Provider:
- MSTC
- Bid Security Amount:
- Not Specified
- Minimum production requirement in MDPA:
- Not Specified
- Pre-Bid Meeting:
- Not Specified
- Start Date for Sale of Tender Document:
- 01-02-2019
- Last Date for Sale of Tender Document:
- Not Specified
- Last Date of Submission:
- Not Specified
- No. of tender Documents Bought:
- 0
- Initial Bid Opening Date:
- Not Specified
- Announcement of technically qualified bidders:
- Not Specified
- Reserve Price:
- 2 %
- Annulment:
- No
- Reason of Annulment:
- Minimum requirement of 3 bidders per block could not be met.
- Availability of Mineral:
- Lessons from Annulment:
- Bidders requested to convert ML to CL and increase the block size to about 12 sq km for further exploration. notified area of block to be increased by around 600 ha for handling the substantial overburden, tailing and green belt and building the ore beneficiation plant and handling mineral work etc.
Mineral Details:
- Mineral Name:
- COPPER
- Mineral Grade:
- 0.50 % Cu - 1.00% Cu
- Mineral Unit:
- Tonne
- DMF:
- Rs. 14.382 Cr (For 50 Years)
- NMET:
- Rs. 2.876 Cr (For 50 Years)
- Mineral Estimation Reserve:
- 8.02 Million Tonne
- Mineral Ibm Price:
- Rs. 3881.458 /Tonne
- Mineral Old Royalty:
- Rs. 0 Cr (For 50 Years)
- Mineral New Royalty:
- Rs. 143.817 Cr (For 50 Years)
- E-Auction Date:
- 08-05-2019
- Preferred Bidder:
- Vedanta Ltd.
- Reserve Price:
- 2 %
- Block Name:
- Thanewasana
- State Name:
- MAHARASHTRA
- District Name:
- Chandrapur
- IPO Price:
- 3.5 %
- BID Price:
- 3.6 %
- Total Revenue :
- Rs. 273.15 Cr
- Additional Contribution Through Auction:
- Rs. 112.07 Cr