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Indian Coal Block Auction gets 6 Bids only

Coal News - Published on Mon, 11 Nov 2019

Image Source: britannica.com
Indian coal ministry offered 27 coal blocks for auction for the sectors like iron & steel, cement and captive power plants last week but received interests for only six coal blocks from Birla Corp, Jindal Steel & Power Limited, Prakash Industries, Powerplus Traders and Vedanta.

DayCoal BlockReserve PriceHighest bidBidder
Day 1BikramRs 150/tRs 154/tBirla Corp
Day 2Gare Palma IV/1Rs 150/tRs 230/tJSPL
Day 3BrahmapuriRs 154/tRs 156/tBirla Corp
Day 4BhaskarparaRs 234/tRs 1,100/tPrakash Industries
Day 5Jagannathpur BRs 171/tRs185/tPowerplus traders
Day 6JamkhaniRs 1002/tRs 1674/tVedanta
 

Source :

Posted By : Rabi Wangkhem on Mon, 11 Nov 2019
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