Coal India Ltd.

Coal India (CIL) will kick off the next round of coal auction aimed at the non-regulated sector, including those dealing in sponge iron, by this year- end or early 2018. The company will auction linkages of around 25 million tonnes (MT) either in December or January. The decision comes as a dozen power plants are staring at a bleak scenario for want of coal.

Last month, the government had started the auction of 27 MT of coal for the cement sector, which will be over by the end of this month. The company conducted the first round of auction of coal linkages for sponge iron, cement, CPP and other sub- sectors under the non-regulated sector during June to October 2016.

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.