Tag: Coal Auction Prices
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CIL: Subsidiaries Empowered to Fix Floor Prices for E-Auction
Coal India Ltd (CIL), India’s major coal miner, has permitted all its 8 subsidiaries to set their own floor prices for the coal e-auctions that could fetch additional revenue. Earlier, the coal major had fixed the criteria for the floor prices of coal being offered in e-auctions. The floor price was 20% higher of the…