India: BS Ispat bags Chinora coal block at final price of 53%

BS Ispat has bagged the Chinora coal block in Maharashtra with geological reserves of 18 mnt. The block was sold at a final price offer of 53%, fetching a premium of 44.5% over the floor price. In contrast, the remaining blocks on offer for the day – Utkal B1/B2 and Rabodih – were sold at of 15.25% and 6% respectively.


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