The Ministry for coal has disqualified Reliance Power, Adani Enterprises, Sterlite Energy, Bhushan Steel, Jindal Steel & Power and nine others who had submitted bids for the allocation of coal blocks for setting up of the $8 billion coal-to-liquid project due to failure to fulfill an eligibility criteria of having a minimum individual net worth set by the coal ministry at INR 4,000 crore. Those who qualified for the allocation include Reliance Infrastructure, Reliance Industries, Indian Oil, SAIL, JSW Steel, GMR Infrastructure and GAIL. Among these, SAIL and JSW Steel have failed to meet the technology criteria.
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