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February 21, 2015

Outcomes of the Coal Auctions for the 17 blocks conducted as on 21 Feb 2015

 

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The Government has initiated fresh auctions of coal mines following  a court cancellation of all previous licences and the initial bidding suggests companies are keen to secure supplies as the economy improves.

 

So far, 17 blocks have been allotted till 21st Feb 2015 with one remaining which will be alloted on 22nd Feb 2015.

Below is the cumulative list of the coal blocks allotted so far.

S.No.

Coal Block

Date of Auction

Sector

Earlier Allotted to

Currently won by

Closing Bid (Rs./Ton)

1

Talabira I

14/02/2015

Power

HINDALCO

GMR Chhattisgarh Energy

478

2

Sial Ghoghri

14/02/2015

Unregulated Sector

Prism Cement

Reliance Cement

1402

3

Sarisatolli

15/02/2015

Power

CESC Limited

CESC Limited

470

4

Belgaon

15/02/2015

Unregulated Sector

Sunflag Iron & Steel Company

Sunflag Iron & Steel Company

1785

5

Kathautia

15/02/2015

Unregulated Sector

Usha Martin

HINDALCO

2860

6

Marki Mangli III

16/02/2015

Unregulated Sector

Topsworth Urja & Metal

BS Ispat

918

7

Mandla North

16/02/2015

Unregulated Sector

Jaiprakash Associates

Jaiprakash Associates

2505

8

Trans Damodar

16/02/2015

Power

West Bengal Mineral Dev. Corp

The Durgapur Projects

940

9

Ardhagram

17/02/2015

Unregulated Sector

Sova Ispat Limited

 OCL Iron & Steel

2302

10

Chotia

17/02/2015

Unregulated Sector

Prakash Industries Ltd

 BALCO

3025

11

Amelia (North)

17/02/2015

Power

Madhya Pradesh Mining Corp

 Jaiprakash Power

712

12

Tokisud North

18/02/2015

Power

GVK

Essar Power MP

1110

13

Gare Palma IV/5

18/02/15

Unregulated Sector

Monnet Ispat

HINDALCO

3502

14

Gare Palma IV/2 & IV/3

19/02/15

Power

Jindal Power

Jindal Power

108

15

Bicharpur

19/02/15

Unregulated Sector

Madhya Pradesh Mining Corp

Ultratech

3003

16

Gare Palma IV/4

20/02/2015

Unregulated Sector

Jayaswal Neco Ltd.

 HINDALCO

3001

17

Gare Palma IV/1

21/02/2015

Unregulated Sector

Jindal Steel & Power Ltd.

BALCO

1585

18

Gare Palma IV/7

22/02/2015

Unregulated Sector

Raipur Alloy & Steel Ltd.

 

 

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