New Delhi: A top official said Chhattisgarh, Jharkhand, West Bengal and other states are set to get nearly Rs 60,000 crore from 11 coal blocks sold in the ongoing auction.
The revenue accruing on account of the 12th block sale could not be immediately obtained. The total number of blocks sold so far is 12 with Essar Power MP Ltd bagging the Tokisud North mine in Jharkhand on the fifth day of the coal auction today. The government is auctioning the coal blocks after the Supreme Court cancelled allocation of 204 mines in September last year. It has put 19 mines on block in the first tranche.
Coal Secretary Anil Swarup said, “These are estimates….The revenue to be accrued to the states would be to the tune of about Rs 59,000 crore (including royalty) and this we are taking for about 11 mines (auctioned till yesterday).” GMR Chhattisgarh Energy, Reliance Cement, Sunflag Iron and Steel, CESC, Hindalco Industries, Jaiprakash Associates and BALCO are among the companies that bagged 11 coal mines in the previous four days of auction.
