Banai and Bhalumuda coal block: NTPC cancels allocation of block to JSW
Public sector undertaking NTPC has sought annulment of the allocation of Banai-Bhalumuda coal block to JSW Steel. As per the reports the reason for cancellation NTPC had requested permission from the coal ministry to merge these two blocks, which was not allowed.
JSW Steel had won under the sixth tranche of the commercial mines auction in November.
Also Read: Coal Mine Auction: JSW Steel Emrges As Preferred Bidder