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CIL opens up auction to foreign buyers
Financial Express Kochi
|January 03, 2026
RECENT YEARS OF reforms in the coal sector such as commercial coal mining by the private sector and free open market sale from captive mines have produced a surplus in the market, prompting the state-run miner Coal India on Friday to open up its e-auction to buyers from Bangladesh, Bhutan and Nepal, reports FE Bureau.
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With last summer being moderate, the demand for coal from the ther-mal power sector has been subdued, resulting in surplus stocks at pitheads.
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