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 on Monday 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.
Gare Palma IV/2 and IV/3 block in Chhattisgarh that earlier belonged to Jindal Power Ltd is also being eyed by about 11 companies including GMR Energy, Reliance Power, DB Power and KSK Energy
Jindal Power submitted two bids for the block that has a capacity to produce 6.25 million tonnes per annum but does not have a close rail link as the nearest rail head is at a distance of 55 km.
Six companies including Sesa Sterlite, Essar Power, RKM Powergen and OPG Powergen are in race for Talabira-I coal block in Odisha that was earlier owned by Hindalco. The block has a capacity to produce three million tonnes per annum.
In all coal blocks reserved for power companies attracted 54 bids while those earmarked for steel and cement sectors received 124 bids. The coal ministry opened technical bids for 23 coal blocks of which six were meant for power plants while the balance 17 for steel and cement projects.