Jindal Steel & Power (JSPL) has emerged as the highest bidder for Gare Palma IV/1 coal block in Chhattisgarh with a bid price of Rs 230 per tonne. Gare Palma IV/1 coal block in the Raigarh district of Chhattisgarh has a total mineable reserves of 114.16 million tonne (extractable as per mining plan).
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.