Government may ease commercial coal auction rules
NEW DELHI: The government is considering easing rules governing commercial coal auctions, including faster exit and simultaneous issue of prospecting and mining licences, to make them more attractive for bidders and funders, and to dissuade companies from acquiring blocks aggressively and squatting.
Hindalco, JSW EnergyNSE -0.91 %, Adani Group and VedantaNSE 1.96 % are among the companies that are likely to participate in the bids, said officials.
