Adani Enterprises' subsidiaries win two coal blocks from Coal Ministry

28 Mar 2022 , 01:52 PM

Adani Enterprises Ltd stocks in focus today as the company has been declared as successful bidder in the tenders invited by Ministry of Coal.

Mahanadi Mines and Minerals Private Limited (“MMMPL”) and MP Natural Resources Private Limited (“MPNRPL”), Wholly Owned Subsidiaries (“WOS”) of the Company, recently participated in the tenders invited by Nominated Authority, Ministry of Coal, Government of India and declared as successful bidders for the below mentioned projects:

MMMPL – Bijahan Coal Block in IB Valley, Odisha – 327 MT with 14% revenue sharing with Government.

MPNRPL – Gondbahera Ujheni East Coal Block in Singrauli, Madhya Pradesh – 250 MT with 5% revenue sharing with Government.

At around 1:56 PM, Adani Enterprises was trading at Rs1,867.55 apiece down by Rs2.05 or 0.11% on the BSE.