Jaiprakash Power Ventures has been emerged as the highest bidder for a coal block in Madhya Pradesh. The government put on sale 10 coal mines under the commercial coal mining this week.
Of the eight mines on sale on the first day, five coal mines are fully explored and three mines are partially explored mines. The total geological reserves for these eight coal mines are 2,157.48 million tonnes (MT).
The remaining two blocks will be put on sale on Wednesday, September 14, under the second attempt of the fourth round of commercial coal mine auction.
Jaiprakash Power Ventures plans, develops, implements and operates power projects in India. It currently operate the largest hydroelectric power plant in the private sector in India.
Company Name | CMP |
---|---|
NTPC | 361.40 |
Tata Power | 433.90 |
Power Grid Corp | 312.55 |
Adani Power | 639.95 |
Torrent Power | 1340.00 |
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