Bids for commercial coal mining blocks to open tomorrow
NEW DELHI: The government will open bids received for commercial coal mining blocks on Wednesday as the Supreme Court refused to stay the auctions. Vedanta Group, Adani Group, Jindal Steel & Power Ltd and JSW Steel NSE 2.58 % are among the companies believed to be eyeing the coal blocks with which India will open up the coal sector for commercial mining to private players.
People aware of the matter said the apex court refused the plea made by the Jharkhand government to stay the auction process. Tuesday is the last day for submission of bids while the bid opening is scheduled to take place on Wednesday.
