JSW Coal Auction Wins 31.5% NCI Offer

  Published 7 months ago

The company secured 31.5% NCI coal auction, will obtain LOI, clearances, and commence mining operations soon.

  • Auction held on 30 July 2025, Ministry of Coal’s highest offer at 31.5% average price level.
  • Company blames disclosure delay on subsidiary’s late communication, pledges compliance with tender requirements for full.
  • JSW Steel, the flagship of US$23 billion JSW Group, spans energy, infrastructure, cement, and more across industries.

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