Block Name: Mudhvay Sub- Block D
- Blockcode:
- GJ04
- State:
- GUJARAT
- District:
- Kutch
- Minerals:
- LIMESTONE
- Block Status:
- Allocated
- Tender Number:
- 20170425211750
- Auction Number:
- 20170601174007
- Preferred Bidder:
- JSW Cement
- Tender Entry Date:
- 25-04-2017
- Tender Number:
- 20170425211750
- Preferred Bidder:
- JSW Cement
- E-Auction Number:
- 20170601174007
- Block Name:
- Mudhvay Sub- Block D
- State:
- GUJARAT
- District:
- Kutch
- Case Type:
- ML
- End User Reservation:
- No
- Comment :
- Reserved for cement plants
- Total Estimated Reserves:
- 125.00 Million Tonne
- Net Avg IBM Price:
- Rs. 469.42 Cr
- Total Estimated Royalty:
- Rs. 1000 Cr
- Total Estimated DMF:
- Rs. 100 Cr
- Total Estimated NMET:
- Rs. 20 Cr
- Value of Estimated Resources:
- Rs. 5867.75 Cr
- Total of Royalty + DMF + NMET +Other:
- Rs. 1120 Cr
- Thickness of mineral:
- 48 m
- Total Area:
- 107 Hectares
- Mineralized Area:
- 0 Hectares
- Non-Mineralized Area:
- 0 Hectares
- Forest Land:
- 0 Hectares
- Government Land:
- 76 Hectares
- Private Land:
- 0 Hectares
- Chargha Land:
- 30 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:
- 4
- No. of initial Bids Received:
- 4
- Initial Bid Opening Date:
- 29-05-2017
- Announcement of technically qualified bidders:
- 23-05-2017
- No. of technically qualified bidders:
- 4
- Reserve Price:
- 5 %
- Annulment:
- No
- Reason of Annulment:
- Mininmum 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. 100 Cr (For 50 Years)
- NMET:
- Rs. 20 Cr (For 50 Years)
- Mineral Estimation Reserve:
- 125 Million Tonne
- Mineral Ibm Price:
- Rs. 469.42 /Tonne
- Mineral Old Royalty:
- Rs. 0 Cr (For 50 Years)
- Mineral New Royalty:
- Rs. 1000 Cr (For 50 Years)
- E-Auction Date:
- 30-05-2017
- Preferred Bidder:
- JSW Cement
- Reserve Price:
- 5 %
- Block Name:
- Mudhvay Sub- Block D
- State Name:
- GUJARAT
- District Name:
- Kutch
- IPO Price:
- 10 %
- BID Price:
- 35 %
- Total Revenue :
- Rs. 3173.71 Cr
- Additional Contribution Through Auction:
- Rs. 2053.71 Cr
SNo. | Tender Number | NIT Date | Action |
---|---|---|---|
#1 | 20170105105542 | 05-01-2017 | View |