The Union coal ministry has received bids for only 19 coal mines out of the 67 blocks offered under the second round of auction for commercial mining. Around 20 companies have cumulatively placed 34 bids for commercial coal mining for which Burakhap mine in Jharkhand received the maximum interest with five bids, followed by the Rauta mine in the same state, which received four bids. Real Estate firm Aurobindo Realty and Sunflag Iron and Steel have each placed bids for four coal blocks, the maximum bid by a single entity under the second round of commercial mining auction. Vedanta submitted bids for one mine and its subsidiary Bharat Aluminium Company has bid for another block. Adani Power Maharashtra and Aditya Birla Group's Hindalco Industries have bid for one block each. Some other bidders include Adhunik Power, Rungta Mines, Prakash Industries and Shree Sai Urja. State government undertaking company Chhattisgarh Mineral Development Corporation has submitted one bid as well.
📅Published on:
13 July 2021
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