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CIL gets 27 higher price in auction for cement producers

Notified prices for the non-power sector including cement are 20 higher than the power sector Thus premiums fetched at the current auction when compared to the notified prices of the power sector average out to a premium of almost 47 a senior Coal India executive sa...

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To open coal mining sector govt set to auction 10 mines

However the Coal Ministry had to cancel plans to conduct the fourth tranche of coal auctions which were planned in January 2016 as there was lack of demand from iron steel and cement plants The fourth tranche of coal auctions were only for them...

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Long-term power purchases contracts will now be decided through reverse e-auctions and the successful bidder will sign power purchase agreements with the utility that wants to buy power...

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