India: CIL introduces 90-day loading validity period for allotted rakes from e-auctions

Coal India Ltd (CIL) has introduced a 90-day loading validity period for allotted rakes purchased from the e-auctions to be held from 16 Nov’22 onwards. The rakes must be loaded within 90 days from the date of allocation; otherwise its validity will expire, and the EMD will be reimbursed. Notably, before this amendment there was no validity period of the allotted rakes by CIL.


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