<p>Adani Enterprises Ltd on Saturday won Gondulpara coal mine in Jharkhand on the sixth day of commercial mining auction.</p>.<p>Companies like Vedanta Ltd and EMIL Mines and Mineral Resources Ltd were also vying for the coal block.</p>.<p>Adani Enterprises made a final offer of 20.75 per cent revenue sharing for Gondulpara coal mine which has geological reserves of 176.33 million tonnes, the coal ministry said in a statement.</p>.<p>The mine will generate annual revenue of Rs 520.92 crore, the coal ministry said.</p>.<p>The ministry said that one coal mine of Jharkhand was put up for auction on day six of commercial coal mine auction.</p>.<p>The e-auction witnessed strong competition amongst the bidders with the mine attracting good premium over the floor price, it said.</p>.<p>Including Saturday's one block, the government has so far auctioned 18 mines for commercial mining.</p>.<p>Some of the corporate biggies that have bagged blocks so far are Vedanta, Hindalco Industries and Jindal Power.</p>.<p>One more block Gare Palma IV/7 will be put on sale on Monday which is the last day of the auction of mines.</p>.<p>In June, Prime Minister Narendra Modi launched the auction process for 41 coal blocks for commercial mining, a move that opened the coal sector to private players, and termed it a major step in the direction of India achieving self-reliance.</p>
<p>Adani Enterprises Ltd on Saturday won Gondulpara coal mine in Jharkhand on the sixth day of commercial mining auction.</p>.<p>Companies like Vedanta Ltd and EMIL Mines and Mineral Resources Ltd were also vying for the coal block.</p>.<p>Adani Enterprises made a final offer of 20.75 per cent revenue sharing for Gondulpara coal mine which has geological reserves of 176.33 million tonnes, the coal ministry said in a statement.</p>.<p>The mine will generate annual revenue of Rs 520.92 crore, the coal ministry said.</p>.<p>The ministry said that one coal mine of Jharkhand was put up for auction on day six of commercial coal mine auction.</p>.<p>The e-auction witnessed strong competition amongst the bidders with the mine attracting good premium over the floor price, it said.</p>.<p>Including Saturday's one block, the government has so far auctioned 18 mines for commercial mining.</p>.<p>Some of the corporate biggies that have bagged blocks so far are Vedanta, Hindalco Industries and Jindal Power.</p>.<p>One more block Gare Palma IV/7 will be put on sale on Monday which is the last day of the auction of mines.</p>.<p>In June, Prime Minister Narendra Modi launched the auction process for 41 coal blocks for commercial mining, a move that opened the coal sector to private players, and termed it a major step in the direction of India achieving self-reliance.</p>