The Exchange had sought clarification from the company with respect to news article appearing in The Economic Times on February 20, 2015 titled "JSPL Retains 2 Blocks, Hindalco Bags one"<BR> <BR>The company has replied stating "that as per the information published in the website of Nominated Authority to the Central Government, Jindal Power Limited, a subsidiary of Jindal Steel & Power Limited, has been declared as the successful bidder for the Coal Block of Gare Palma IV/2 and IV/3.<BR> <BR>However in respect of the Coal Block of Gare Palma IV/1 of Jindal Steel & Power Limited, the Company has not qualified for the e-auction round on the basis of initial price offer submitted by it."
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