(Adds background, Rio Tinto tie-up details)
By Sanjeev Choudhary
NEW DELHI Aug 5 (Reuters) - India's Jindal Steel and PowerLtd has not bid for Australian coal explorer BandannaEnergy's assets as it did not suit the steelmaker'sinterests, a top executive said.
Last month, Bandanna had asked potential bidders to providebinding offers after shortlisting parties
popular blog , including individualproject assets and corporate-based transactions, as part of astrategic review.
"We have not bid. The deadline has lapsed
popular blog NFL Jerseys a globalcommodities benchmark," Sushil Maroo,director and group CFO, told Reuters on Friday by telephone,saying the proposal did not suit its interest. He did notelaborate.
Last week, Jindal Steel had said it would make a final bidfor Bandanna.
State-run NTPC Ltd
popular blog , India's largest power utility
popular blog ,also said on Monday it won't bid for Bandanna Energy's assets as the price was not "viable".
India's Aditya Birla Group, JSW Steel , JindalSteel & Power and China's Citic Resources were amongthose interested in Bandanna assets, sources had told Reuters inMay.
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