Commercial mining: Vedanta, Adani, Hindalco, JSPL among 42 bidders for coal blocks
NEW DELHI: Vedanta, JSPL, Adani Enterprises, Hindalco Industries, JSW Steel and Nalco are among the 42 companies that have submitted the bids for 23 coal blocks that were put up for auction under commercial mining.
The government has in total put up for auction 38 coal blocks for commercial mining.
“A total of 76 bids have been received for 23 coal mines… A total of 42 companies have submitted their bids in the auction process,” the coal ministry said in a statement.
The highest number of bids (seven) were submitted by Adani Enterprises; followed by Hindalco Industries and JMS Mining (five each); and The Andhra Pradesh Mineral Development Corporation, Aurobindo Reality and Infrastructure, and EMIL Mines and Minerals Resources (four bids each).
Vedanta Ltd submitted three bids, Jindal Steel and Power Ltd (JSPL) submitted two, JSW Steel and Nalco one each, among others.
Of the total 76 bids, the highest bids were made for Gotitoria (East) and Gotitoria (West) and Gare Palma IV/7 coal blocks (eight bids for each), followed by six bids each for Brahmadiha and Urma Paharitola mines.
