Jaypee Cement has won Majra coal mines

Jaypee Cement Corp has won the Majra coal mine in August 2015 at a price of Rs. 1230 a tonne. Majra coal mines have extractable reserves of 14.92 million tonnes. The company has out bid ACC Cement, JK Lakshmi Cement and others. Its parent company Jaiprakash Associates Ltd won the Mandla North coal mine. Originally, 10 mines were supposed to be auctioned.

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