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Visitor Number : 42192

Block Name: Baghma- Balodabazar

Blockcode:
CG07
State:
CHHATTISGARH
District:
Bhatapara
Minerals:
GOLD
Block Status:
Allocated
Tender Number:
20170104155111
Auction Number:
20170105175122
Preferred Bidder:
Vedanta Ltd.
Tender Entry Date:
04-01-2017
Tender Number:
20170104155111
Preferred Bidder:
Vedanta Ltd.
E-Auction Number:
20170105175122
Block Name:
Baghma- Balodabazar
State:
CHHATTISGARH
District:
Bhatapara
Case Type:
CL
End User Reservation:
No
Comment :
Total Estimated Reserves:
2.70 Million Tonne
Net Avg IBM Price:
Rs. 74712.58 Cr
Total Estimated Royalty:
Rs. 25.942 Cr
Total Estimated DMF:
Rs. 2.594 Cr
Total Estimated NMET:
Rs. 0.519 Cr
Value of Estimated Resources:
Rs. 648.56 Cr
Total of Royalty + DMF + NMET +Other:
Rs. 29.06 Cr
Thickness of mineral:
1.65 m
Total Area:
607.9401 Hectares
Mineralized Area:
0.1 Hectares
Non-Mineralized Area:
607.8401 Hectares
Forest Land:
548.0551 Hectares
Government Land:
0 Hectares
Private Land:
59.0551 Hectares
Chargha Land:
0 Hectares
Exploration done by Agency:
DMG
GSI
Total Station & DGPS Agency:
Not Specified
GR Preparation & Digitization Agency:
DMG
Cost of Tender Document:
3 Lakh
Transaction Advisor:
KPMG
Auction Platform Provider:
MSTC
Bid Security Amount:
Not Specified
Minimum production requirement in MDPA:
Not Specified
Pre-Bid Meeting:
07-01-2016
Start Date for Sale of Tender Document:
08-12-2015
Last Date for Sale of Tender Document:
05-02-2016
Last Date of Submission:
06-02-2016
No. of tender Documents Bought:
4
No. of initial Bids Received:
3
Initial Bid Opening Date:
07-02-2016
Announcement of technically qualified bidders:
22-02-2016
No. of technically qualified bidders:
3
Reserve Price:
1 %
Annulment:
No
Availability of Mineral:
Mineral Details:
Mineral Name:
GOLD
Mineral Grade:
primary
Mineral Unit:
Troy Ounce
DMF:
Rs. 2.594 Cr (For 50 Years)
NMET:
Rs. 0.519 Cr (For 50 Years)
Mineral Estimation Reserve:
2.7 Million Tonne
Mineral Ibm Price:
Rs. 74712.58 /Tonne
Mineral Old Royalty:
Rs. 0 Cr (For 50 Years)
Mineral New Royalty:
Rs. 25.942 Cr (For 50 Years)
E-Auction Date:
26-02-2016
Preferred Bidder:
Vedanta Ltd.
Reserve Price:
1 %
Block Name:
Baghma- Balodabazar
State Name:
CHHATTISGARH
District Name:
Bhatapara
IPO Price:
3 %
BID Price:
12.55 %
Total Revenue :
Rs. 110.45 Cr
Additional Contribution Through Auction:
Rs. 81.394 Cr