Vedanta has emerged as successful bidder for a coal block -- Kuraloi (A) north coal mine -- in Odisha which was put for re-bid in the second attempt of auction of blocks for commercial mining. This is the third coal block that Vedanta has bagged after Jamkhani coal block in 2019 and Radhikapur West coal block in the auction last year. Both the blocks are also in Odisha. The company was the only bidder during the Centre’s second attempt of auctioning the block.
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.
