Tag: CIL Coal Auction
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India: Why CIL subsidiaries are not conducting coal auctions?
State-run miner Coal India Ltd. (CIL) had received an overwhelming response for coal sales via auctions with the introduction of the single window policy in Mar’22, generating higher revenue in the process. However, the joy was short-lived due to the prevailing strong demand from the power sector, as the company had to significantly reduce its…