Tag: Coal Block

  • India: Coal Blocks Floor Price to define Quality

    India: Coal Blocks Floor Price to define Quality

    The floor price of each coal block, which is going to auction in coming months, will decide the quality of coal. Post declaration of cancelled coal blocks auction, the government had considered the current domestic coal pricing (CIL’s price) model as a benchmark to calculate NPV of blocks. As floor price is based on NPV,…