Coal mine auction: JSW Steel emrges as preferred bidder
Ministry of Coal has announced JSW Steel as a preferred bidder for 3 coal mines. These mines are in Chattisgarh & Jharkhand and are offered under the sixth tranche, 15th tranche, and 16th tranche of the auction.
Mines include Sitanala coking coal block and Parbatpur Central coking coal block in the Jharia coalfield in Jharkhand, and Banai & Bhalumuda coal block in the Mand-Raigarh coalfield in Chattisgarh. Sitanala and Parbatpur blocks have a geological reserve of 108.85 million tonnes and 235.718 million tonnes respectively while Banai & Bhalumuda coal block is estimated to be 1376.057 million tonnes.
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