Adani, JSW Steel in race for first-ever auction for commercial mining of coal

Companies like Vedanta, Jindal Steel and Power, Adani Enterprises, Hindalco Industries and JSW Steel are in the race for the first-ever auction of 19 coal blocks for commercial mining, which will kick-start from Monday.

The auction under which 19 coal blocks would go under the hammer will continue for eight days, from November 2-9, according to the latest calendar for electronic auction of the coal ministry.

On Monday, the electronic auction would be held for five coal blocks–Chakla, Jharkhand; Marki Mangli-II, Maharashtra; Radhikapur (West), Odisha; Takli-Jena-Bellora (North) & TakliJena-Bellora (South), Maharashtra; and Urban, Madhya Pradesh.

Companies like Hindalco Industries and Adani Enterprises will be vying for Chakla coal block in Jharkhand on Monday.