Vedanta places highest bid for two coal mines in Odisha

On the second day of the commercial coal mines auction, Vedanta Ltd. placed the highest bid for two coal mines in Odisha.

On Tuesday and Wednesday, the government held an auction for commercial coal mines and put 10 coal mines up for sale.

Two coal mines, both of which were MMDR coal mines, were placed up for auction on the second day of the e-auction, according to a statement from the coal ministry.

In the second try of the fourth round of the commercial coal mine auction, the blocks were put up for auction.

Both coal mines have a Peak Rate Capacity (PRC) of 20 million tonnes per year and are fully explored.

 

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