Tag: E-auction
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India: Coal Ministry Permits CIL to offer more Coal through E-auction
The Coal Ministry has allowed CIL to offer more Coal via e-auction in FY16, increasing the quantity from about 35 MnT in FY15 to a probable 55 MnT. With the commencement of FY16, Coal Ministry has permitted national miner “Coal India” to offer 10% of its total output through e-auction. Although CIL missed its production…