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CESC updates on e-Auction for Sarisatolli coal mine

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Capital Market

Expects allocation letter from Ministry of Coal

CESC announced that following an e-Auction conducted by the Ministry of Coal, Government of India on 15 February 2015 and the results thereof since posted on the Ministry's website, CESC has submitted the closing bid of Rs. 470 per MT for Sarisatolli coal mine in the State of West Bengal. A formal letter to the Company from the Ministry allocating the said mine is expected in due course.

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First Published: Feb 17 2015 | 4:54 PM IST

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