INSUBCONTINENT EXCLUSIVE:
JSW Steel, JSPL and BALCO were among major companies which put in their bids for coal minesNew Delhi: JSW Steel, Jindal Steel - Power
Wednesday.In all, 21 entities entered their bids in the latest auction of coal mines
A total of 26 bids were received for the auction of coal mines under the fourth tranche of sale of coal, the coal ministry said in a
statement.Five of the 11 coal mines put on auction received single bids.The Gare Palma IV/6 mine in Chhattisgarh received a maximum of eight
respective sponge iron plants in nearby Raigarh and Taraimal districts, respectively
However, the allocations, along with others, were cancelled by the Supreme Court 2014.Utkal B1 - B2 mines in Odisha received six bids, while
Chinora in Maharashtra got four and three bids came in for Rabodih OCP in Jharkhand."The process of 4th tranche of the auction of coal mines
for sale of coal was launched on December 16, 2021
The last date of submission of the technical bid was February 28, 2022," the statement said, adding the bids were opened on Wednesday.It
