Economy

JSPL, Vedanta, Hindalco qualify for third tranche of coal auction

Our Bureau New Delhi | Updated on January 23, 2018

coal-shutterstock

Naveen Jindal's Jindal Steel and Power Ltd, Anil Agarwal's Vedanta Ltd, Aditya Birla Group's Hindalco are amongst the technically qualified bidders to participate in the financial bid stage for the third tranche of coal block auctions.

Public sector steel makers Steel Authority of India Ltd and Rashtriya Ispat Nigam Ltd are also amongst those qualified for bidding for six coal blocks up for grabs.

Originally, 10 blocks were to be offered but four received one and less than one bids.

Out of the six blocks where financial bidding will take place, three -- Marki Mangli I, Jamkhani and Parbatpur Central -- are the unsold blocks from the previous two rounds of the auctions.

Published on August 08, 2015

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

null
This article is closed for comments.
Please Email the Editor

You May Also Like