Vedanta has emerged as the highest bidder for Jamkhani coal block in Sundargarh district in Odisha, in the tenth tranche of captive coal block auction conducted by the government. The coal block is in proximity to the company's Jharsuguda aluminium smelter.
The Jamkhani coal block is one of the most attractive coal blocks for the company's Jharsuguda plant in terms of location, annual capacity, reserves and readiness to produce. The approved per annum capacity of the mine is 2.6 million tones.
Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.
