Domestic prices to be basis for valuing coal for auction
COAL & MINING

Domestic prices to be basis for valuing coal for auction

The model for auctioning 74 cancelled coal blocks will likely consider domestic coal prices as the benchmark to arrive at the net present value of each block based on their potential future earnings. The floor price for each tonne of coal, specific to each block based on energy content and other factors, will be calculated on the basis of this NPV.

The model for auctioning 74 cancelled coal blocks will likely consider domestic coal prices as the benchmark to arrive at the net present value of each block based on their potential future earnings. The floor price for each tonne of coal, specific to each block based on energy content and other factors, will be calculated on the basis of this NPV.

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram