Coal Sale Liberalized

In a move that will boost the fledgling open market for coal, all producers including state-owned Coal India Ltd (CIL) will now sell the dry fuel through a common e-auction window, rather than via sector- specific auctions. While existing coal linkages won’t be disturbed, the CCEA February 26, 2022 decision would help correct market distortions as all users, including thermal power producers, steel and cement companies