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Coal India in favour of tweaking e-auction policy to broaden customer base

14 Dec 2020 Evaluate

With surging pithead stock and a surplus scenario in the sector, Coal India is in favour of tweaking its e-auction policy to broaden its customer base and maintain a steady bottomline. The idea of ‘putting all e-auction coal in single bucket’ will help realise a higher off-take.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers
Company Name CMP
Coal India 395.05
NMDC 67.54
Ashapura Minechem 427.95
Sandur Manganese 168.20
GMDC 438.30
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