Vedanta Ltd., Jindal Steel % Power Ltd., Adani Enterprises Ltd, Hindalco Industries Ltd., JSW Steel Ltd. and National Aluminium Company Ltd. (Nalco) are among the 42 companies that have submitted bids for 23 coal blocks that were put up for auction under commercial mining.
The government is auctioning a total 38 coal blocks for commercial mining.
“A total of 76 bids have been received for 23 coal mines… A total of 42 companies have submitted their bids in the auction process,” the coal ministry said in a statement.
The highest number of bids (seven) were submitted by Adani Enterprises; followed by Hindalco Industries and JMS Mining (five each); and The Andhra Pradesh Mineral Development Corporation, Aurobindo Reality and Infrastructure Pvt. Ltd., and EMIL Mines and Minerals Resources Ltd. (four bids each).
Vedanta submitted three bids, JSPL submitted two, JSW Steel and Nalco one each,…