The Business Bytes
TBB BUREAU
RAIPUR, JANUARY 2, 2021
Industrialist Naveen Jindal-owned JSPL said its subsidiary Jindal Power Limited (JPL) has been declared as the successful bidder for a block of Gare Palma coal mine in Chhattisgarh.
In a statement, Jindal Steel and Power Ltd (JSPL) said the Union Coal Ministry has declared Jindal Power Limited as the successful bidder for Gare Palma IV/1 Mine.
“Jindal Power Ltd won (the) auction for Gare Palma IV/1 coal mine at 25 per cent bid premium of the representative price. We are thankful to the Ministry of Coal for declaring us as the successful bidder,” JSPL Managing Director V R Sharma said in the statement.
