In a bid to overcome limited reserves and adverse geo-mining conditions, Coal India’s Subsidiary -- Western Coalfields has participated in the bidding for two non-coking coal blocks-Bandhak West and Dahegaon Makardhokra IV in the 11th tranche of the commercial coal blocks auction. This is the first time any Coal India subsidiary has participated in commercial coal block auction.
Bandhak West block remained in high demand, receiving a total 15 bids-the highest among all 19 coal blocks that attracted interest out of the 27 blocks put up for auction. Dahegaon Makardhokra IV received three bids. The technical evaluation process is currently underway, and the final allocation will be announced within a month.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
| Company Name | CMP |
|---|---|
| Coal India | 450.60 |
| NMDC | 87.33 |
| GMDC | 682.70 |
| Sandur Manganese | 209.35 |
| MOIL | 322.25 |
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