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This imported coal will go to 7 companies and 19 private power plants.
Other Indian firms too may be using this route to get around the sanctions
A total of 31 companies submitted their bids in the auction process
The Coal ministry has sought help from the World Bank and other institutions
PM Modi announced 41 mines’ auction for commercial mining in 2020
India expects to import 59 MT of coal for blending at power plants in FY2023
Company will produce approximately one million tonne coal
The Centre has auctioned 10 coking coal blocks to the private sector
AP to buy power to overcome the threat of extreme coal shortage
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