Vedanta emerges as successful bidder for coal block in Odisha

21 Jun 2021 CW Team

Vedanta has emerged as a successful bidder for a coal block in Odisha, which was put for rebid in the second attempt of the auction of blocks for commercial mining.

The Ministry of Coal told the media that the total number of mines successfully auctioned in the first tranche of the auction for commercial mining is 20 out of 38 coal mines offered, with the successful auction of Kurali (A) north coal mine in Odisha. Out of 39 coal mines, 19 were successfully auctioned in the first auction attempt under the 11th tranche of auction under the CM Act 2015 and under the first tranche of auction under the MMDR Act 1957.

Four coal mines out of the remaining mines which had fetched a single bid in the first attempt were put up for re-auction in a second attempt by the Ministry of Coal with the same terms and conditions but with the best initial offer received within the first annulled attempt of the auction as the floor price for the second attempt.

For commercial mining, the coal ministry had launched the auction process of 38 coal mines in the first tranche of the auction to sell coal.

Kurali (A) North is the largest mine in terms of PRC of all the mines successfully auctioned in the first tranche with a peak rated capacity of eight million tonnes per annum (MTPA).

The mine is expected to provide employment to over 10,000 people and also generate annual revenue of Rs 763 crore.

Image Source

Also read: Vedanta to establish aluminium park in Odisha at Rs 10k cr

Also read: Vedanta unit plans 10-year extension for Barmer field in Rajasthan

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..