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Block Name: Gudipadu block

Blockcode:
AP01
State:
ANDHRA PRADESH
District:
Anantapur
Minerals:
LIMESTONE
Block Status:
Allocated
Tender Number:
20170104174307
Auction Number:
20170105174814
Preferred Bidder:
M/s Penna Cement Industries Ltd.
Tender Entry Date:
04-01-2017
Tender Number:
20170104174307
Preferred Bidder:
M/s Penna Cement Industries Ltd.
E-Auction Number:
20170105174814
Block Name:
Gudipadu block
State:
ANDHRA PRADESH
District:
Anantapur
Case Type:
ML
End User Reservation:
No
Comment :
Total Estimated Reserves:
26.66 Million Tonne
Net Avg IBM Price:
Rs. 490 Cr
Total Estimated Royalty:
Rs. 213.28 Cr
Total Estimated DMF:
Rs. 21.328 Cr
Total Estimated NMET:
Rs. 4.266 Cr
Value of Estimated Resources:
Rs. 1306.34 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 238.87 Cr
Thickness of mineral:
28 m
Total Area:
40.816 Hectares
Mineralized Area:
40.816 Hectares
Non-Mineralized Area:
0 Hectares
Forest Land:
0 Hectares
Government Land:
15.741 Hectares
Private Land:
25.075 Hectares
Chargha Land:
0 Hectares
Exploration done by Agency:
GSI
Total Station & DGPS Agency:
DMG
GR Preparation & Digitization Agency:
Other
Cost of Tender Document:
1 Lakh
Transaction Advisor:
Not Specified
Auction Platform Provider:
MSTC
Bid Security Amount:
Not Specified
Minimum production requirement in MDPA:
Not Specified
Pre-Bid Meeting:
19-03-2016
Start Date for Sale of Tender Document:
11-01-2016
Last Date for Sale of Tender Document:
13-05-2017
Last Date of Submission:
14-05-2016
No. of tender Documents Bought:
3
No. of initial Bids Received:
3
Initial Bid Opening Date:
Not Specified
Announcement of technically qualified bidders:
30-05-2016
No. of technically qualified bidders:
3
Reserve Price:
5 %
Annulment:
No
Availability of Mineral:
Mineral Details:
Mineral Name:
LIMESTONE
Mineral Grade:
Cement grade
Mineral Unit:
Tonne
DMF:
Rs. 21.328 Cr (For 50 Years)
NMET:
Rs. 4.266 Cr (For 50 Years)
Mineral Estimation Reserve:
26.66 Million Tonne
Mineral Ibm Price:
Rs. 490 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 213.28 Cr (For 50 Years)
E-Auction Date:
08-06-2016
Preferred Bidder:
M/s Penna Cement Industries Ltd.
Reserve Price:
5 %
Block Name:
Gudipadu block
State Name:
ANDHRA PRADESH
District Name:
Anantapur
IPO Price:
5.02 %
BID Price:
8.12 %
Total Revenue :
Rs. 344.948 Cr
Additional Contribution Through Auction:
Rs. 106.075 Cr