Vedanta emerges as the highest bidder for Jamkhani coal block in Odisha

Topics Vedanta Group

Vedanta Ltd on Wednesday said it has emerged as the highest bidder for Jamkhani coal block in Sundargarh district, Odisha, in the 10th tranche of captive coal block auction conducted by the government.

The coal block is in proximity to the company's Jharsuguda aluminium smelter.

The Jamkhani coal block is one of the most attractive coal blocks for the company's Jharsuguda plant in terms of location, annual capacity, reserves and readiness to produce.

The approved per annum capacity of the mine is 2.6 million tonnes, it said in a release.

"It has an extractable reserve of 114 million tonnes. Once operational, it will provide fuel security, improve power availability and further strengthen the company's aluminium operations and performance".

This is the company's second coal block after Chotia coal block in Chhattisgarh that has an annual capacity of 1 million tonne.

Vedanta Limited is a subsidiary of Vedanta Resources Limited.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel