Adani Group firm Stratatech Mineral Resources has won the Dhirauli coal mine in Madhya Pradesh, which has an estimated coal reserves of 586 million tonnes, by offering to share 12.50 per cent of the revenues on the second day of the commercial coal mining bidding on Tuesday.
In contrast, the Andhra Pradesh Mineral Development Corporation has bagged the Brahmadiha coal mine in Jharkhand at a 41.75 per cent revenue share. The mine has an estimated dry fuel reserves of 5mt.
Aditya Birla group’s EMIL Mines and Mineral Resources bid the highest for Bandha coal mine in Madhya Pradesh by offering to share 21 per cent of revenues. The mine has a reserve of about 441mt. Sarda Energy has bid the highest for Sahapur West coal mine in Madhya Pradesh at 26 per cent revenue share for the mine which has reserves of 52mt.
Of the four coal mines under the hammer, three were in Madhya Pradesh and one in Jharkhand and they have total geological reserves of 1,085mt.