Jindal Power, Hindalco bag one coal mine each in latest auctions

By Newsgram Staff Writer

In the latest round of coal auctions held by government on Saturday, the Tara coal block in Chhattisgarh was awarded to Jindal Power and the Dumri block in Jharkhand sent to Hindalco.

"Hindalco is highest bidder at Rs.2,127 (per tonne) for Dumri and Jindal Power at Rs.126 (per tonne) for Tara coal block," Coal Secretary Anil Swarup tweeted, as bidding ended. This final bid cost works out Rs.9.800 crore for the Tara block and Rs.2,100 crore for Dumri.