Mivaan Steels, a wholly-owned subsidiary of JSW Steel, has been declared the successful bidder by the Ministry of Coal (MoC) on 18 August, 2025, for the auction of the Rajgamar Dipside (South of Phulakdih Nala) coal block in Chhattisgarh.

The auction was conducted on 30 July, 2025. The company emerged as the highest bidder by offering 31.50 percent of the average monthly coal prices published by MoC under the National Coal Index (NCI). The declaration underscores its long-term commitment to energy security, self-reliance, and ensuring consistent coal supply for its operations.

As part of the next steps, the company will comply with the requirements outlined in the tender, including securing the Letter of Intent, obtaining statutory clearances, and executing the Coal Mine Development and Production Agreement (CMDPA).