Adani Power wins Gondhkari coal mine on first day of coal auction phase-II

Adani Power has secured Gondkhari coal mine in Maharashtra on first day of the second phase of bidding under commercial coal auction on August 2, 2021.

The company had offered a 9.5 per cent quote on the reserve price of the Gondkhari coal mine in Maharashtra. Three mines were offered in the auction wherein the Gondkhari coal mine is explored whereas the other two, Jhigador and Jogeshwar & KhasJogeshwar are partially explored. About 432 tonnes of geological reserves were put on auction the first day. The coal ministry has put 19 mines for auction in the second round of the auction of which 10 are fully explored and the remaining 9 are partially explored.

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