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Usha Martin emerges highest bidder for Brinda and Sasai coal block

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Capital Market

Bids price of Rs 1804 per tonne in e-auction

Usha Martin announced that the Company participated in e-auction of Brinda and Sasai coal block on 04 March 2015 for meeting captive requirements of coal for steel making and power generation. The Company was last highest bidder at Rs. 1804 per tonne. The formal communication from Nominated Authority about Company winning the coal block is to be received.

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First Published: Mar 04 2015 | 9:04 PM IST

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