Tag: Coal Allocation Under E-Auction
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India: CIL introduces new price mechanism for non-power sector coal sales via linkage auctions
State-run miner, Coal India Ltd. (CIL), has implemented a new pricing mechanism for deriving the base price used in linkage auctions for the non-power sector, thereby making a gradual shift from the fixed price process. In a recent development, the company has proposed to use the Wholesale Price Index (WPI) as a basis for indexing…