The markets are also worried over the falling e-auction premium in January and February. The production target of 780 million tonnes (mt) may fall short by 10mt
India Business News: Coal India Ltd aims to diversify beyond coal by participating in the auction for critical mineral blocks. It plans to tap into the demand for resource
Coal India informed analysts that it aims to sell 15% of its production in the second half of the current fiscal (September 2023-March 2024) through e-auctions, which currently command a premium of around 90% over the Fuel Supply Agreement (FSA) price.