India, Nov. 26 -- New Delhi: The Ministry of Coal on Wednesday successfully completed the auction of three coal blocks in Jharkhand and Odisha under the 13th round of commercial coal mine auctions, which are likely to attract a capital investment of nearly Rs 7,350 crore, according to an official statement issued on Wednesday. These three blocks are poised to generate annual revenue of approximately Rs 4,620.69 crore and create 66,248 employment opportunities, the statement said.
Damodar Valley Corporation has emerged as the highest bidder for the three coal blocks comprising Pirpainti Barahat and Dhulia North in Jharkhand, and Mandakini-B in Odisha.
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