Mining - Industry – Focus

 

Custom Search

E-auction of coal to be 20% of total production

 Planning commission has increased the quantum of coal sold through e-auction at 20% of total coal production in the country. Through E-auction, anyone can purchase coal at market price, which is 60-70% high above the subsidized price. So, it may not make much impact at current high price. E-Auction will find takers, when there is slim margin between subsidized price and market price.

 

{backbutton}

Custom Search

Copyright © 2013 Ibis Research Information Services Pvt Ltd. All Rights Reserved.
Contact : Ibis Research Information Services Pvt Ltd., 28, Rajaji Street, NGO Colony
Guduvancherry, Chennai -603 202   Mobile : 0-97898-37940 email : ibischennai@gmail.com Privacy Policy