Raipur ( Chhattisgarh): Jindal Power Limited (JPL) a subsidiary of Jindal Steel & Power Limited (JSPL) led by renowned industrialist Naveen Jindal has been declared the successful bidder for Gare Palma IV/1 coal mine by the union coal ministry.

“Jindal Power Ltd. won an auction for Gare Palma IV/1 coal mine at 25% bid premium of the representative price. We are thankful to the Ministry of Coal for declaring us as the successful bidder”, JSPL MD V R Sharma said in a statement in a press release here Saturday.