Vedanta Ltd on Wednesday said it had emerged as the highest bidder for Jamkhani coal block in Odisha’s Sundargarh district in the government’s tenth tranche of coal block auction for captive use. The coal block is in proximity to the company’s Jharsuguda aluminium smelter that it will feed.
Once operational, the coal block will provide fuel security, improve power availability and further strengthen the company’s aluminium operations and performance.
The approved per annum capacity of the mine is 2.6 million tone against extractable reserves of 114 million tonne, it said in a release.