Tag: Revenue Sharing Model for Auction
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India: Jindal Power bags third coal block at commercial mining auctions
On day 5 of the commercial coal mining auctions, Jindal Power emerged as the highest bidder for Gare Palma-I block by placing a final bid of 9%. The block located in Chhattisgarh has geological reserves of 965 mnt. Earlier on day 2, the company had acquired Gare Palma IV/ 2 and 3 blocks located in…