Commercial mining: 53 bids for 20 coal mines; Vedanta, Hindalco, JSW among bidders - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Commercial mining: 53 bids for 20 coal mines; Vedanta, Hindalco, JSW among bidders

The auction process of 88 mines for sale of coal was launched by the Ministry of Coal on October 12, according to an official statement."A total of 53 bids have been received for 20 coal mines of which 16 are fully explored mines and four are partially explored mines," it said. Two of these mines are coking coal blocks and the remaining 18 mines are non-coking coal blocks.

from Industry-Economic Times
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