Blog
Planify news
Chhattisgarh's Shri Bajrang Power bags coal mine in Madhya Pradesh
  • Chhattisgarh's Shri Bajrang Power bags coal mine in Madhya Pradesh

    05 August 2023

    New Delhi, August 2 Chhattisgarh-based Shri Bajrang Power and Ispat Limited (SBPIL) has won the Pathora East coal mine in Madhya Pradesh on the second day of the seventh round of commercial coal mine auction held on Wednesday. The Ministry of Coal had launched the auction of coal mines for commercial mining under 7th round and second attempt of 6th round on March 29, 2023. After evaluation of bids, forward e-auctions for six mines were commenced from 01.08.2023. On the second day, three coal mines were put up for auction of which one mine was CMSP coal mine and two mines were MMDR coal mines. The details of the coal mines are as under: - • One mine is fully explored and the other two are partially explored mines. The total geological reserves for three coal mines come to 1,499.40 Million Tonnes (MT) Cumulative peak rate capacity PRC for these coal mines is 4.00 MT PA.

    Image

    Stay Connected, Stay Informed –

    Join Our

    WhatsApp

    Channel!

    Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.