22 companies place 35 bids for 18 coal blocks in commercial mining auction
Around 22 companies, including state-owned NTPC and NLC India and private player JSPL, have placed bids in the seventh round of coal auctions under which 103 blocks were put on offer, an official statement said on Wednesday.
A total of 35 bids (both online and offline) were received for 18 coal mines under the latest round, the Ministry of Coal said in a statement on Wednesday.
Of these 18 coal mines, nine are partially explored whereas the remaining mines are fully explored. The cumulative peak rated capacity (PRC) of the fully explored coal mines is 51.80 million tonne per annum (MTPA). 17 coal mines are non-coking coal mines whereas one mine is a coking coal mine.
