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India Business News: Adani Enterprises Limited, the flagship company of billionaire Gautam Adani's Adani Group, reported a 39% decrease in its consolidated net profit for
The coal ministry is preparing to auction 30 new coal blocks in May, aiming to boost domestic coal production and reduce imports. Learn more about the upcoming coal mine auction and its impact on the energy sector.
Tata Steel: A total of 27 coal mines have been put up for auction in the ninth round of auction. A total of 33 bids were received for 13 coal mines.
Tata Steel, JSW Steel and Rungta Sons are among the 27 companies which have submitted bids for coal blocks put up for commercial mines auction, the government said on Tuesday. "A total of 27 companies including major companies like Tata Steel Ltd, JSW Steel Ltd, Rungta Sons Pvt Ltd., etc. have submitted their bids in the auction process," the coal ministry said in a statement.
The coal ministry is taking various measures to meet the demand for dry fuel and has auctioned 91 coal mines for commercial use in the last four years, the coal additional secretary said.