Jindal Steel & Power updates on coal block auctions
Jindal Steel & Power updates on coal block auctions
Mar 17, 2015 12:03 IST Captital Market
The recent coal block auctions were conducted through a transparent & fair bidding mechanism, which involved two stages of qualification. More than 10 bidders including Jindal Power participated in the auction for each of these mines.
As per the MSTC website JPL was the winning bidder with regard to the above mentioned coal blocks. JSPL believes that the Government will respect the outcome of these successfully conducted auctions.