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Coal auction: Govt upbeat of earning more revenue than CAG's loss estimate of Rs 1.86L cr - The Economic Times
GMR Energy won the Talabira -I coal block in Odisha with a very aggressive bid of Rs 478 per tonne. Adani Power, Essar Power, Sesa Sterlite, GMR Energy and OPG Power Generation were eyeing the Talabira-I block previously allotted to Hindalco.
Coal auction: Govt upbeat of earning more revenue than CAG's loss estimate of Rs 1.86L cr - The Economic Times
The auction for coal blocks began aggressively with Anil Ambani's Reliance Cement bagging a block with a bid of Rs 1,402 per tonne, more than nine times the floor price of Rs 150