New Delhi: The Supreme Court today directed that the November 9 e-auction of 37 coal blocks, including five in Jharkhand, would be subject to its final order.
On November 4, the Supreme Court had said that it would pass an order that any proposed mining block within the 50 kilometer radius of an eco-sensitive zone will not be e-auctioned for commercial purposes in Jharkhand.
A Bench of Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian today told the union government to apprise the bidders that benefits of any nature to them will be provisional and subject to the orders of the Supreme Court.
Meanwhile, two coal mines (1 in Odisha and 1 in Jharkhand) were put up for auction on Day 5 of Commercial Coal Mine Auction, today. The total geological reserves of the mines put up for auction are ~755.63 MT with a cumulative PRC of ~15 MTPA.
The Coal Ministry claimed the e-auction witnessed strong competition amongst the bidders with both the mines attracting good premiums over the floor price.
The results for Day 5 were as under:
– globalbihari bureau