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February 19, 2015

Coal Block auction results, winners are Hindalco, UltraTech & Jindal – Day 6

  On the sixth day of the ongoing coal mine auctions, three companies Hindalco, UltraTech & Jindal Power has won coal blocks. Hindalco & UltraTech bagged one mine each while Jindal Power won two blocks. With this, number of mines allocated so far has reached to 16. Reflecting aggressive bidding for coal mines, Hindalco and UltraTech...
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Aditya Birla owned Hindalco won Gare Palma coal mine

  Aditya Birla owned Hindalco Industries have won the Gare Palma IV/5 mine in Chhattisgarh. It has beaten companies like Ambuja Cements, Sesa Sterlite, and Balco. This is second mine won by the company out of the 13 put on offer so far. The price-tag for the block is an estimated. Rs. 14,858.9 crore. The price paid per tonne was Rs....
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Bid Results of 250 MW Punjab Solar Tender - Indiabulls, ACME, Solaire Direct, Azure bag contracts

  Crocus Infra of the Indiabulls group, Delhi-based ACME, French company Solaire Direct, and the American firm, Azure Power, are among those to have won mandates to put up solar power projects in Punjab. The Delhi-based ACME group has won rights to put up 74 MW solar power projects in a bidding process put through by the Punjab Electricity...
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