Kolkata: Coal IndiaNSE -1.17 % will hold a third round of auctions for giving out longterm fuel supply contracts under Shakti B(ii) where participants of the first round would be eligible to bid. They are, however, barred from the second round which will be held soon, a government official clarified.
Shakti B(ii) is for power producers who have power purchase agreements with discoms but do not have coal supply contracts with Coal India.
Ten companies with a total capacity of 8,840 MW had taken part in the first round of auction but another five with a combined capacity of 407 MW could not participate.