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: A photo of a man smoking cigarette on the premises of Shree Lingaraj Temple…
Bhubaneswar: The issue relating to purchase of land by Adani Group near Gandhamardan hills in…
Bhubaneswar: Over 1 lakh ghost ration card holders have been identified and removed from the…
Bhubaneswar: Another accused was arrested by the police on Wednesday in connection with the death…
Bhubaneswar: The Deep Depression over southwest Bay of Bengal is likely to intensify into a…
Bhubaneswar: The Odisha Vigilance sleuths on Wednesday apprehended Child Development Project Officer (CDPO) of Ganjam's…
Dhaka: The Bangladeshi government on Wednesday called Iskcon or the International Society for Krishna Consciousness…
New Delhi: Condemning the arrest and denial of bail to Hindu monk Chinmoy Krishna Das…