Major Indian steel and mining companies, including Jindal Steel and Power Limited (JSPL), Sunflag Iron & Steel, Orissa Metallurgical, MSP Mines and Minerals, Orissa Alloy Steel, and Amalgam Steel & Power, are among 27 firms that have submitted bids in the 12th round of India’s commercial coal block auction, government officials confirmed on Tuesday, June 17.
According to officials, bids were received for 11 out of the 22 coal blocks currently up for grabs. The tender includes six underground mines, reflecting growing industry interest in deeper reserves despite operational complexity.
The bidding process is part of India's broader push to boost domestic coal production and reduce import dependence.
A multi-disciplinary Technical Evaluation Committee will now assess the bids and shortlist technically qualified companies for the next phase. The electronic auction will be conducted through the government-run MSTC portal, officials said.
This round of bidding underscores the increasing alignment between India’s steel, mining, and energy sectors, especially as demand for raw materials continues to climb in line with the country's industrial and infrastructure growth targets.
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