Coal mine auction: Adani Enterprises wins Jharkhand-based Gondulpara mine

According to the ministry, Adani won Gondulpara mine by quoting 20.75% premium on the revenue share.

Nov 09, 2020 03:11 IST India Infoline News Service

Adani Enterprises wins another coal mine in the latest commercial auction. The Coal Ministry has carried commercial coal mine auction for the sixth day on November 07, 2020, under which Adani won Jharkhand-based Gondulpara mine.

According to the ministry, Adani won Gondulpara mine by quoting 20.75% premium on the revenue share.

On Saturday, the ministry said, "1 coal mine of Jharkhand was put up for auction on Day 6 of Commercial Coal Mine Auction."

The total geological reserves of the mine put up for auction was ~176.33 MT with a PRC of ~4 MTPA, added the ministry.

Last week, Adani won Dhirauli mine by quoting 12.5% premium on the revenue share through its subsidiary Stratatech Mineral Resources. 

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