JSW Steel arm emerged as 'Successful Bidder' by Coal Ministry for Chattisgarh Coal Block
The highest final offer by the Company to become a “Successful Bidder” was 31.50% of the average monthly Coal prices published by MoC as National Coal Index (NCI).
JSW Steel arm emerged as 'Successful Bidder' by Coal Ministry for Chattisgarh Coal Block
Chattisgarh, August 21, 2025: Mivaan Steels Limited, a wholly owned subsidiary of JSW Steel Limited, has been declared as a “Successful Bidder” on August 18, 2025 by Ministry of Coal (MoC), Govt. of India, for an auction of a Coal Block, Rajgamar Dipside (South of Phulakdih Nala) in the State of Chattisgarh, held on 30th July 2025.
The highest final offer by the Company to become a “Successful Bidder” was 31.50% of the average monthly Coal prices published by MoC as National Coal Index (NCI).
The Company will take all requisite steps as per the tender document to obtain Letter of Intent, all statutory clearances, execute Coal Mine Development and Production Agreement (CMDPA) and start the mining operations.
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