Representative
Bhubaneswar: Rungta Sons Private Ltd and Gujarat Mineral Development Corporation (GMDC) emerged as the successful bidders for Sakhigopal B Kankili and Baitarni West coal mines respectively, situated in Odisha.
The Ministry of Coal auctioned these two mines on Tuesday.
While the total geological reserves comes to 1,652 million tonnes, the auction is likely to attract capital investment of Rs 2,250 crore, an official release said on Tuesday.
The Ministry had launched the auctions of coal mines for commercial mining under 6th round and second attempt of 5th round on November 3, 2022. Forward auctions for these mines was started on February 27 and on the 8th day of the e-auction, the two coal mines were put up for auction.
One of the two mines is a CMSP coal mine and the other is a MMDR coal mine, it said.
The two coal mines upon operationalisation will generate annual revenue of Rs 2,873 crore (excluding Partially Explored Sakhigopal B Kankili coal mine) calculated at PRC of the coal mine. These mines will attract capital investment of Rs 2,250 crore and will provide employment to 20,280 people, the release added.
Bhubaneswar: The Commissionerate Police seized a high-end car of con woman Hansita Abhilipsa, who allegedly…
New Delhi: Should Sundays be day-offs or 90-hour workweek sans any break be made mandatory…
Jharsuguda: Voting for the crucial no-confidence motion against Kirmira Panchayat Samiti Chairperson Krushnapriya Sahu was…
Bhubaneswar: Odisha, which is reeling under chilly weather conditions, is likely to witness a rise…
Bhubaneswar: While night temperature slightly increased in western Odisha, a declining trend was seen in…
Bhubaneswar: Although Ahmedabad remains the focal point of India’s bid to host the 2036 Olympics,…
This website uses cookies.
