JSPL Group declared as the successful Bidder for Gare Palma IV/1 Mine in Chhattisgarh

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By Our Correspondent

RAIPUR/BHUBANESAR: Jindal Power Limited (JPL) a subsidiary of Jindal Steel & Power Limited (JSPL) led by renowned Industrialist Mr. Naveen Jindal has been declared the successful bidder for Gare Palma IV/1 coal mine by the Ministry of Coal.

 “Jindal Power Ltd. won an auction for Gare Palma IV/1 coal mine at 25% bid premium of the representative price. We are thankful to the Ministry of Coal for declaring us as the successful bidder”, said V R Sharma, MD, JSPL in a statement in a press release on Saturday.

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