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Fierce bidding expected on the last day of coal auction

Updated : November 08, 2019 07:56 AM IST

In the current coal block auctions, winners will be allowed to sell 25 percent of the coal produced from the mines offered.
The participating companies expect fierce bidding for Jamkhani as most of the bidders are seeking assured coal supply for their units in Odisha.
The highest bid so far has come from Prakash Industries at Rs 1,100/ tonne for Bhaskarpara block.
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