Adani Power, Usha Martin bag mines    

Adani Power, Usha Martin bag mines    

FPJ BureauUpdated: Saturday, June 01, 2019, 03:36 AM IST
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New Delhi : Adani Power bagged Jitpur mine in Jharkhand while Usha Martin won Brinda and Sisai mines in the same state in the second tranche of coal mine auction that began on Wednesday. “Usha Martin is the highest bidder at (Rs) 1804 for Brinda and Sasai coal block,” Coal Secretary Anil Swarup tweeted.  Brinda and Sasai coal mines have total extractable reserves of 25.40 million tonnes (MT). Brinda and Sasai are two coal mines but government came out with one bid for both. The mines put up for auction today were for the non-power sector and mode of auction was forward e-auction. Usha Martin beat BALCO, Sesa Sterlite and Easternrange Coal Mining Pvt Ltd to bag Brinda and Sisai mines.

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