Coal auction to benefit poor states: Coal Secretary
New Delhi: With aggressive bidding for coal blocks likely to continue on the fourth day, the government today said that poor states would benefit from the auction.
“Coal block auction gets underway on the fourth day,” Coal Secretary Anil Swarup said in a tweet.
He further tweeted, “windfall in offing. Poor states to reap harvest of coal block auctions.”
The mines on sale today are Amelia (North) mine in Madhya Pradesh (power sector), Ardhagram mine in West Bengal and Chotia mine in Chhattisgarh — non power sector.
The 10 companies in the race for Amelia (North) mine are Adani Power, Bharat Aluminium Co Ltd (Balco), Essar Power M P Ltd, GMR Chhattisgarh Energy Ltd, GVK Power Goindwal Sahib Ltd, Jaiprakash Power Ventures, Jindal Power Ltd, JSW Energy Ltd, RattanIndia Power Ltd, Reliance Geothermal Power Pvt Ltd.