The state-owned CIl is getting ready to start auction of coal linkages to the non-power sector, including steel and cement, either by March-end or early April.
“We are looking to begin the auction of coal linkages by either March-end or early April,” a Coal India (CIl) official said. The Government had this week issued broad guidelines for the methodology of the auction. The state-owned firm will finalise the quantity to be put up for sale after assessing the requirements from various sectors such as steel, cement and sponge iron, among others, the official said.