Coal India auction to non-power sector up sharply on last year

The average price in the auction for the non-power sector was higher than same period last year and also than the auctions in September, the official said.

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State-run Coal India auctioned 3.2 million tonnes of coal exclusively for the non-power sector in November, a senior company official said, more than five times higher compared with November 2020 and about eight times the allocation in September.

The average price in the auction for the non-power sector was higher than same period last year and also than the auctions in September, the official said.

The official declined to be named as he was not authorised to speak to the media on the issue.