Department of Mines & Geology (govt of Karnataka) has invited bids for grant of iron ore mining lease. The state has identified 9 ‘C’ category mine blocks for e-auction for grant of mining lease. The last date for sale of Tender Document is 29th Jul’17. Last date for submission of Technical Bid plus initial price offer is on prior to 17:00 hours IST on 7th Aug’17.
Only end users engaged in production of sponge iron and/or pig iron and/or steel and/or pellets will be eligible to take part in the auction. Consortium of end users is not eligible to participate in the auction. The end user will also include PSU.
Prior to this, out of 7 “C” category iron ore mine blocks that witnessed aggressive bidding from the participants in Oct’16, JSW Steel bagged five iron ore mines namely – Rama Rao Paol, Hothur Traders, VS Lad & Sons and two leases of Tungabhadra Minerals.
For the remaining two blocks namely Lakshmi Narayana Mining Company and Karthikeyas Manganese, MSPL was chosen the preferred bidder.
List of 9 mine blocks to be auctioned
|
Sl. No. |
Name of the mine |
M L No |
Concession Area in Ha. |
Estimated Resource in MMT |
|
1 |
Sri. M Chhankeshava Reddy |
2566 |
7.57 |
3.179 |
|
2 |
Sri. M Srinivasulu |
2613 |
75.14 |
9.880 |
|
3 |
M/s Ramgad Minerals & Mining (P) Ltd |
2451 |
24.04 |
2.137 |
|
4 |
B R Yogindranath Singh |
2186 |
15.89 |
2.842 |
|
5 |
M/s Mineral Miners & Traders |
2185A |
44.42 |
9.224 |
|
6 |
Smt. Shanthalakshmi Jayaram |
2553 |
32.53 |
4.542 |
|
7 |
Smt. Kamalabai ( B R Surrendranath Singh) |
2187 |
23.71 |
0.869 |
|
8 |
M/s Thangavelu & Others |
2585 |
60.92 |
3.303 |
|
9 |
Sri. Allum Veerabhadrappa |
2436 |
24.53 |
Fe–3.645 & Mn-0.93 |
Source: Karnataka DMG
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