Today, Government of India began the second round of coal mine auctions putting on offer four blocks , all in Eastern state of India, Jharkhand, with firms Adani Power, JSW Steel, SAIL and BALCO in the race.
Four mines offered are Jitpur, Moitra, Brinda and Sasai. Secnd phase of coal auction commences. Jitpur opened at Rs 120 per tonne.