For the second spherical of bidding beneath the business coal public sale, the ministry of coal has acquired technical bids from 34 firms together with Vedanta Ltd, Balco, Hindalco, Sunflag Iron & Metal, Adani Energy and Adhunik Energy and many others. Many of the bidders are from metal and iron trade.
There are three state-owned firms which have additionally submitted bids, particularly Chhattisgarh Mineral Growth Company Ltd, Jhar Mineral Assets Pvt Ltd, MP Pure Assets Energy Ltd.
Highest variety of bids have been submitted by Sunflag Iron & Metal Firm and Aurbindo Realty. Burakhap Small Patch coal mine in Jharkhand acquired the best variety of bids of 5 amongst all mines.
Coal ministry has put 19 mines for public sale within the second spherical of the public sale. Out of the overall mines, 10 are absolutely explored, 9 are partially explored mines. There are 4 coking coal mines and the steadiness 15 mines are non-coking coal mines. Two or extra bids have been acquired for eight coal mines, coal ministry mentioned in its assertion.
The Centre in 2020 opened the coal mining sector with