With as many as 10 companies in fray, fierce bidding is expected for the Gare Palma 2 & 3 coal block, in the upcoming e-auction, sources tell CNBC-TV18.
Some of the bidders that have shown interest in these coal blocks are Adani Power, DB Power, GMR, Hindalco, KSK Power, Lanco, Ratan India, Rosa Power, Sesa Sterlite & Simhapur Power.
Gare Palma 2 & 3 has a capacity of 6.25 MTPA in Chattisgarh. The coal block was earlier allocated to Jindal Steel and Power.
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