Coal auctions for regulated and non-regulated sectors likely to be clubbed by ministry
7Newswire
09 Jun 2021, 23:33 GMT+10
It is expected to promote transparency and encourage public-private partnerships in the mining sector. The industry is likely to benefit from the mining pact of NLC and Adani Group in Talabira along with Vedanta s winning bid for Radhikapur mine.
Indian coal sector is expected to affiliate all spot auctions for regulated and non-regulated sectors to finalise market-determined uniform price for every grade. As of now, under the category of regulated sector, special auctions are held for the power sector whereas, separate auctions are held for different sectors.