Block Name: Mudhvay Sub- Block B
- Blockcode:
- GJ02
- State:
- GUJARAT
- District:
- Kutch
- Minerals:
- LIMESTONE
- Block Status:
- Allocated
- Tender Number:
- 20170425211506
- Auction Number:
- 20170601152029
- Preferred Bidder:
- M/s Shree Cement Limited
- Tender Entry Date:
- 25-04-2017
- Tender Number:
- 20170425211506
- Preferred Bidder:
- M/s Shree Cement Limited
- E-Auction Number:
- 20170601152029
- Block Name:
- Mudhvay Sub- Block B
- State:
- GUJARAT
- District:
- Kutch
- Case Type:
- ML
- End User Reservation:
- No
- Comment :
- reserved for cemnet plants
- Total Estimated Reserves:
- 301.50 Million Tonne
- Net Avg IBM Price:
- Rs. 469.42 Cr
- Total Estimated Royalty:
- Rs. 2412 Cr
- Total Estimated DMF:
- Rs. 241.2 Cr
- Total Estimated NMET:
- Rs. 48.24 Cr
- Value of Estimated Resources:
- Rs. 14153.01 Cr
- Total of Royalty + DMF + NMET +Other:
- Rs. 2701.44 Cr
- Thickness of mineral:
- 57.5 m
- Total Area:
- 233.5 Hectares
- Mineralized Area:
- 0 Hectares
- Non-Mineralized Area:
- 0 Hectares
- Forest Land:
- 0 Hectares
- Government Land:
- 143 Hectares
- Private Land:
- 0 Hectares
- Chargha Land:
- 90 Hectares
- Exploration done by Agency:
- DMG
GMDC - Total Station & DGPS Agency:
- GMDC
- GR Preparation & Digitization Agency:
- GEOVALE SERVIES KOLKATA
- Cost of Tender Document:
- 2 Lakh
- Transaction Advisor:
- SBI CAP
- Auction Platform Provider:
- MSTC
- Bid Security Amount:
- Not Specified
- Minimum production requirement in MDPA:
- Not Specified
- Pre-Bid Meeting:
- 27-04-2017
- Start Date for Sale of Tender Document:
- 28-03-2017
- Last Date for Sale of Tender Document:
- 09-05-2017
- Last Date of Submission:
- 12-05-2017
- No. of tender Documents Bought:
- 3
- No. of initial Bids Received:
- 3
- Initial Bid Opening Date:
- 25-05-2017
- Announcement of technically qualified bidders:
- 23-05-2017
- No. of technically qualified bidders:
- 3
- Reserve Price:
- 5 %
- Annulment:
- No
- Reason of Annulment:
- minimum requirement of 3 bidders per block could not be met
- Availability of Mineral:
- Lessons from Annulment:
- Likely issues in these blocks were requirement of cement plant in the State, Coastline environmental restrictions, high chloride content accompanied by general dull market sentiment in the cement industry.
Mineral Details:
- Mineral Name:
- LIMESTONE
- Mineral Grade:
- Cement grade
- Mineral Unit:
- Tonne
- DMF:
- Rs. 241.2 Cr (For 50 Years)
- NMET:
- Rs. 48.24 Cr (For 50 Years)
- Mineral Estimation Reserve:
- 301.5 Million Tonne
- Mineral Ibm Price:
- Rs. 469.42 /Tonne
- Mineral Old Royalty:
- Rs. 0 Cr (For 50 Years)
- Mineral New Royalty:
- Rs. 2412 Cr (For 50 Years)
- E-Auction Date:
- 25-06-2017
- Preferred Bidder:
- M/s Shree Cement Limited
- Reserve Price:
- 5 %
- Block Name:
- Mudhvay Sub- Block B
- State Name:
- GUJARAT
- District Name:
- Kutch
- IPO Price:
- 10 %
- BID Price:
- 20 %
- Total Revenue :
- Rs. 5532.04 Cr
- Additional Contribution Through Auction:
- Rs. 2830.6 Cr
| SNo. | Tender Number | NIT Date | Action |
|---|---|---|---|
| #1 | 20170105110209 | 05-01-2017 | View |