No cartelisation in auction of two Chhattisgarh mines: Delhi HC
28 March 2015 5:41 AM IST
The Delhi High Court on Friday termed as “unfair” the government’s decision to annul the bids of a private firm for two coal blocks in Chhattisgarh and held that there was no evidence of cartelisation in their auction.
Jindal Power Ltd (JPL) had placed the winning bid for these two mines - Gare Palma IV/2 and IV/3, but the government had annulled its tender later.
The court also decided to make Coal India Limited (CIL) the custodian of these two coal mines as an interim measure.
“There is no evidence, absolutely no evidence of cartelisation. The auction was held fair and square,” a bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva said.
Jindal Power Ltd (JPL) had placed the winning bid for these two mines - Gare Palma IV/2 and IV/3, but the government had annulled its tender later.
The court also decided to make Coal India Limited (CIL) the custodian of these two coal mines as an interim measure.
“There is no evidence, absolutely no evidence of cartelisation. The auction was held fair and square,” a bench of justices Badar Durrez Ahmed and Sanjeev Sachdeva said.
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