Adani Power, GMR Energy bid for all coal blocks reserved for power sector.

Adani Power and GMR Energy bid for all six coal blocks reserved for the power sector, while Essar Power is eyeing four of such coal mines. Jindal Power submitted bids for three of the six coalmines, while Reliance Power is in race for two coal blocks.

ET had recently reported that Adani Power is eyeing all blocks reserved for power sector. West Bengal Power Development Corporation Ltd.(WPDCL) is the only government company that took part in coal auction, while the government is in the process of allotting blocks to public companies.

Tokisud coal block in Jharkhand that earlier belonged to GVK Power attracted most number of bids among the six coal blocks earmarked for power plants. The block received bids from 12 firms including Essar Power, DB Power, Dhariwal Infrastructure, India Power Corp, Lanco Infratech and WBPDCL. The block with 2.32 million tonnes of annual coal production capacity has rail connectivity within 2.5 km distance.

Eleven companies bid for Amelia North coal block in Madhya Pradesh that earlier belonged to Madhya Pradesh State Mining Corp. The bidders include Essar Power, GVK Power and Lanco Infratech. The block has reserves of 2.8 million tonnes per annum.


ET