The Union coal ministry has decided to cancel the allotment of Jharkhand’s Jitpur coal mine to Adani Power as the company could not operationalise the mine on time. The Jitpur block was the first coal mine won by Adani Power in an auction, after submitting a closing bid of Rs 302 per tonne — payable to the state government — in March 2015.
Earlier, the ministry had de-allocated the Tokisud North and Ganeshpur mines in Jharkhand, which were with Essar Power and GMR Energy, respectively.
