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Vedanta secures two coal commercial mines in e-auction in Odisha

Thursday, 15 Sep 2022
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Vedanta has emerged as the highest bidder for two coal mines in Odisha. The government put on sale 10 coal mines under the commercial coal mine auction. 
 
The blocks were auctioned under the second attempt of the fourth round of commercial coal mine auction. Both the coal mines are fully explored and have Peak Rate Capacity (PRC) of 20 million tpa. 
 
Jaiprakash Power Ventures had emerged as the highest bidder for a coal block in Madhya Pradesh on the first day of the auction. 
 
Madhya Bharat Minerals emerged as the highest bidder for a coal mine in Chhattisgarh, while Avassa Ferro Alloys bid the highest for a mine in Maharashtra.  
 
Gangaramchak Mining emerged as the highest bidder for a mine in Jharkhand while Terri Mining put in the highest bid for another block in the eastern state. 
 
Jhar Mineral Resources had emerged as the highest bidder for two mines in Odisha. Sobhagya Mercantile placed highest bid for a mine in Maharashtra. 
 
 
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