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Visitor Number : 8717

Block Name: M.L. No. 2366

Blockcode:
KA13
State:
KARNATAKA
District:
Bellary
Minerals:
IRON ORE
Block Status:
Allocated
Tender Number:
20170105114037
Auction Number:
20170105174246
Preferred Bidder:
M/s JSW Steels Limited
Tender Entry Date:
05-01-2017
Tender Number:
20170105114037
Preferred Bidder:
M/s JSW Steels Limited
E-Auction Number:
20170105174246
Block Name:
M.L. No. 2366
State:
KARNATAKA
District:
Bellary
Case Type:
ML
End User Reservation:
Yes
Comment :
Reserved for integrated steel plants, sponge and pellet manufacturers
Total Estimated Reserves:
6.94 Million Tonne
Net Avg IBM Price:
Rs. 0 Cr
Total Estimated Royalty:
Rs. 243.69 Cr
Total Estimated DMF:
Rs. 24.369 Cr
Total Estimated NMET:
Rs. 4.874 Cr
Value of Estimated Resources:
Rs. 1624.6 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 272.93 Cr
Thickness of mineral:
Not Specified
Total Area:
33.21 Hectares
Mineralized Area:
3.3365 Hectares
Non-Mineralized Area:
29.87 Hectares
Forest Land:
33.21 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:
13-01-2016
Start Date for Sale of Tender Document:
23-12-2015
Last Date for Sale of Tender Document:
01-09-2016
Last Date of Submission:
14-09-2016
No. of tender Documents Bought:
3
No. of initial Bids Received:
3
Initial Bid Opening Date:
15-09-2016
Announcement of technically qualified bidders:
22-09-2016
No. of technically qualified bidders:
3
Reserve Price:
35 %
Annulment:
No
Availability of Mineral:
Mineral Details:
Mineral Name:
IRON ORE
Mineral Grade:
58% - 60% Fe
Mineral Unit:
Tonne
DMF:
Rs. 24.369 Cr (For 50 Years)
NMET:
Rs. 4.874 Cr (For 50 Years)
Mineral Estimation Reserve:
6.939 Million Tonne
Mineral Ibm Price:
Rs. /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 243.69 Cr (For 50 Years)
E-Auction Date:
04-10-2016
Preferred Bidder:
M/s JSW Steels Limited
Reserve Price:
35 %
Block Name:
M.L. No. 2366
State Name:
KARNATAKA
District Name:
Bellary
IPO Price:
55 %
BID Price:
58.9 %
Total Revenue :
Rs. 1229.822 Cr
Additional Contribution Through Auction:
Rs. 956.889 Cr