India to auction 39 coal blocks
June 7th, 2007 India approved the auction of 39 coal blocks to state-run and private power companies to meet the demand for power.
The blocks would be awarded to government-controlled National Thermal Power Corp., Tata Power, Essar and Jindal Steel and Power Ltd.
“The (coal) ministry has cleared the allocation of 39 coal blocks for various government-owned and private [...]