5 firms to participate in mining auction

Panaji: All five steel and mining companies, which have submitted bids for the Bicholim mining block, have been qualified to participate in the auction on Wednesday, scheduled at 11am. The five companies comprise JSW, Arcellor Mittal India Nippon Ltd, Shri Jagannath Steels and Power Ltd, Vedanta, and MSP Ltd. Vedanta was operating the Bicholim mining block before the leases were taken back by the state government. tnn