For the second round of bidding under the commercial coal auction, the ministry of coal has received technical bids from 34 companies including Vedanta Ltd, Balco, Hindalco, Sunflag Iron & Steel, Adani Power and Adhunik Power etc. Most of the bidders are from steel and iron industry.
There are three state-owned companies which have also submitted bids, namely Chhattisgarh Mineral Development Corporation Ltd, Jhar Mineral Resources Pvt Ltd, MP Natural Resources Power Ltd.
Highest number of bids were submitted by Sunflag Iron & Steel Company and Aurbindo Realty. Burakhap Small Patch coal mine in Jharkhand received the highest number of bids of 5 among all mines.
