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Block Name: M.L. No. 2433

Blockcode:
KA07
State:
KARNATAKA
District:
Bellary
Minerals:
IRON ORE
Block Description:
Auctioned Successesfully
Block Status:
Allocated
Tender Number:
20180208132429
Auction Number:
20190305152910
Preferred Bidder:
Minera Steel and Power Pvt Ltd
Tender Entry Date:
08-02-2018
Tender Number:
20180208132429
Preferred Bidder:
Minera Steel and Power Pvt Ltd
E-Auction Number:
20190305152910
Block Name:
M.L. No. 2433
State:
KARNATAKA
District:
Bellary
Case Type:
ML
End User Reservation:
Yes
Comment :
Steel, Pellet, Pig and Sponge Plants
Total Estimated Reserves:
10.024 Million Tonne
Net Avg IBM Price:
Rs. 2092.51 Cr
Total Estimated Royalty:
Rs. 314.63 Cr
Total Estimated DMF:
Rs. 31.46 Cr
Total Estimated NMET:
Rs. 6.29 Cr
Value of Estimated Resources:
Rs. 2097.53 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 352.38 Cr
Thickness of mineral:
Not Specified
Total Area:
29.49 Hectares
Mineralized Area:
4.1923 Hectares
Non-Mineralized Area:
25.3 Hectares
Forest Land:
29.49 Hectares
Government Land:
0 Hectares
Private Land:
0 Hectares
Chargha Land:
0 Hectares
Exploration done by Agency:
MECL
Total Station & DGPS Agency:
Other
GR Preparation & Digitization Agency:
MECL
Cost of Tender Document:
2 Lakh
Transaction Advisor:
CRISIL
Auction Platform Provider:
MSTC
Bid Security Amount:
Not Specified
Minimum production requirement in MDPA:
Not Specified
Pre-Bid Meeting:
21-02-2018
Start Date for Sale of Tender Document:
31-01-2018
Last Date for Sale of Tender Document:
12-03-2018
Last Date of Submission:
21-03-2018
No. of tender Documents Bought:
Initial Bid Opening Date:
22-03-2018
Announcement of technically qualified bidders:
Not Specified
Reserve Price:
35 %
Annulment:
No
Availability of Mineral:
Mineral Details:
Mineral Name:
IRON ORE
Mineral Grade:
58% - 60% Fe
Mineral Unit:
Tonne
DMF:
Rs. 31.463 Cr (For 50 Years)
NMET:
Rs. 6.293 Cr (For 50 Years)
Mineral Estimation Reserve:
10.024 Million Tonne
Mineral Ibm Price:
Rs. 2092.51 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 314.63 Cr (For 50 Years)
E-Auction Date:
03-09-2018
Preferred Bidder:
Minera Steel and Power Pvt Ltd
Reserve Price:
35 %
Block Name:
M.L. No. 2433
State Name:
KARNATAKA
District Name:
Bellary
IPO Price:
58 %
BID Price:
59.5 %
Total Revenue :
Rs. 1600.41 Cr
Additional Contribution Through Auction:
Rs. 1248.03 Cr
SNo. Tender Number NIT Date Action
#12017010512220205-01-2017View