Commercial mining: 53 bids for 20 coal mines; Vedanta, Hindalco, JSW among bidders
As many as 53 bids have been received from 37 companies, including JSW, Jindal Steel & Power Ltd (JSPL), Vedanta NSE 1.71 % and Hindalco NSE -1.17 % Industries, for 20 coal mines that have been put up for sale for commercial mining. The auction process of 88 mines for sale of coal was launched by the Ministry of Coal on October 12, according to an official statement.
“A total of 53 bids have been received for 20 coal mines of which 16 are fully explored mines and four are partially explored mines,” it said.
