Indian Power Sphere

Second round of coal auction to be held on March 4

2015-02-26T11:49:00.001+05:30

The government has put off the second round of auction of 21 coal blocks to 4^th March 2015 which was earlier scheduled to begin from 27^th February 2015.

The auction follows the Supreme Court decision last year to cancel allocation of 204 coal mines.

So far the Government has already allotted 19 coal blocks in the first lot of coal auctions.

According to the Coal Ministry, announcement of qualified bidders for Schedule 3 Coal Blocks will be done on 2^nd March 2015. The entire process of auction of schedule III blocks will be completed by April 2.

The mines on offer for schedule III mines are

Jharkhand: Brinda, Sisai, Ganeshpur, Lohari & Jitpur mines
Chhattisgarh: Durgapur and Taraimar coal blocks
Odisha: Jamkhani & Mandakini
Maharashtra: Marki Mangli-IV & Nerad Malegaon
Madhya Pradesh: Dongrital II (Phase I) mine

The government has received 130 preliminary bids from companies like Essar Power, Hindalco, Adani Power and Jindal Power for 21 coal blocks on offer in the second tranche of ongoing auction.

Other mines on auction are Meral coal block in Jharkhand, Rohne Coal Block in Jharkhand, Utkal C in Odisha, Dumri Block in Jharkhand, Gare Palma IV/8 in Chhattisgarh, Kosara Dongargaon mine in Maharashtra, Mandla South coal block in MP, Moitra coal mine in Jharkhand and Tare mine in Chhattisgarh.

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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