Essar Power has won the Tokisud North coal block in Jharkand for Rs 1,110 per tonne. This is a record for blocks awarded to the regulated power sector. The block, which has reserves of 51.97 million tonne, was earlier allocated to GVK . Essar plans to use coal from the mine for its Mahan power plant. At the time of filing this report, bidding for Gare Palma IV/5 was still on. Bidding had reached Rs 2,050 per tonne, with bidders being Monnet Ispat , Balco, Hindalco , Sesa Sterlite among others.
No comments:
Post a Comment