Mivaan Steels Limited, a wholly owned subsidiary of JSW Steel Limited, has been declared as a “Successful Bidder” recently by Ministry of Coal (MoC), Govt. of India, for an auction of a Coal Block, Rajgamar Dipside (South of Phulakdih Nala) held in the State of Chhattisgarh recently.

The highest final offer by the Company to become a “Successful Bidder” was 31.50% of the average monthly Coal prices published by MoC as National Coal Index (NCI). The Company will take all requisite steps as per the tender document to obtain Letter of Intent said an official release.