Cabinet Committee on Economic Affairs has approved offering of coal by coal companies through a common e-auction window instead of sector-specific auctions. This e-auction will cater to all the sectors like power sector and non-regulated sector. Coal would be offered through this auction in place of the present system of sector-specific auctions. <br />''<br />''Major impact of this initiative include employment generation potential. Market distortions would be removed and single rate for all the consumers will evolve in the e-auction market. It shall increase operational efficiencies and lead to an increase in domestic coal demand by efficiency in domestic coal market.<br />''<br />''<br />
News On AIR | February 26, 2022 8:02 PM
Cabinet approves supply of coal through common e-auction window