💨 Abstract

Coal auction prices in India remained flat during the January-March quarter, despite increased buyer participation, due to various factors including demand. Coal India holds over 80 million tonnes of stock, and power plants have 51 million tonnes, ensuring no shortage in the market. Buyer participation has increased, with 1,200 new companies registering for auctions since one firm ceased operations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖