Coal auction: Jaiprakash Power Ventures highest bidder for Madhya Pradesh block
Hydroelectric power generation company, Jaiprakash Power Ventures has emerged as the highest bidder for a coal block in Madhya Pradesh. The government has put on sale 10 coal mines under commercial coal mining this week. Among other bidders, Madhya Bharat Minerals emerged as the highest bidder for a coal mine in Chhattisgarh, and Avassa Ferro Alloys bid the highest for a mine in Maharashtra.
Gangaramchak Mining was 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 emerged as the highest bidder for two mines in Odisha and Sobhagya Mercantile made the highest bid for a mine in Maharashtra.
Also Read: Coal Auction: 10 Blocks Up For Auction