Day 7 of Commercial Coal Mine Auction

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Government of India to launch auction for commercial coal mining on 18th June 2020
Government of India to launch auction for commercial coal mining on 18th June 2020

PIB News Update: 1 coal mine of Chhattisgarh was put up for auction on Day 7 of Commercial Coal Mine Auction.

  • The total geological reserves of the mine put up for auction was ~234.205 MT with a PRC of ~1.2 MTPA.
  • The e-auction witnessed strong competition amongst the bidders with the mine attracting good premium over the floor price.

The results for Day 6 are as under:

S. No. Name of the Mine State PRC (mtpa) Geological Reserves (MT) Closing Bid Submitted by Floor Price (%) Final Offer (%) Annual Revenue Generated based on PRC of mine (Rs. Cr.)
1 Gare Palma IV/7 Chhattisgarh 1.20 234.205 SARDA ENERGY AND MINERALS

LIMITED/64896

 4 66.75 210.49

 

 

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Saurabh
Saurabh
Saurabh Sinha, Editor of IndianBureaucracy.com, is known for his credible, precise and insightful coverage of governance, civil services and administrative developments in India. Under his leadership, the portal has grown into a trusted national platform for accurate updates, appointments and policy movements within the bureaucratic ecosystem. Saurabh’s strong professional networking and deep understanding of government functioning enable him to present timely, reliable and well-contextualised information to readers across sectors. As a thought-driven editor, he promotes informed dialogue on governance reforms while maintaining high editorial standards. His calm, consistent and detail-oriented approach continues to strengthen the portal’s reputation. इंडियनब्यूरोक्रेसी.कॉम के संपादक सौरभ सिन्हा देश की नौकरशाही, शासन व्यवस्था और प्रशासनिक गतिविधियों की विश्वसनीय तथा संतुलित रिपोर्टिंग के लिए जाने जाते हैं। उनके नेतृत्व में यह पोर्टल नियुक्तियों, नीतिगत बदलावों और प्रशासनिक खबरों का एक भरोसेमंद राष्ट्रीय स्रोत बन चुका है। शासन तंत्र की गहरी समझ और मजबूत पेशेवर नेटवर्क के कारण सौरभ पाठकों को समयबद्ध, सटीक और संदर्भित जानकारी प्रदान करते हैं। एक विचारशील संपादक के रूप में वे सुशासन, पारदर्शिता और सुधारों पर सकारात्मक संवाद को बढ़ावा देते हैं। उनकी शांत, सूक्ष्म और पेशेवर संपादकीय शैली पोर्टल की प्रतिष्ठा को लगातार मजबूत कर रही है।
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