India’s JSPL secures Utkal-C coal block in Odisha with auction bid

Tuesday, 15 February 2022 10:46:28 (GMT+3)   |   Kolkata

India’s Jindal Steel and Power Limited (JSPL) has secured the Uktal-C coal blocks in the eastern Indian state of Odisha in the third round of auctions of coal blocks conducted by the central government, a government statement said on Tuesday, February 15.

The government completed the third round of auctions for five coal blocks, the statement said.

Utkal-C coal block, secured by JSPL after it submitted the highest bid, has geological reserves of 196.347 million mt with a peak rated capacity (PRC) pegged at 3.37 million mt per year.

JSPL operates integrated steel mills in Odisha and Chhattisgarh states with a total installed capacity of 8.6 million mt per year.

AjoyDas
Ajoy Das
Editor

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.


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