News Brief | October 2015
Non-regulated power players oppose e-auction of coal linkages
Players from the non-regulated sectors including cement, iron and steel, sponge iron, aluminium and fertilisers have objected to the Centre´s move to introduce auction for coal linkages.
They have appealed to the Centre not to shift in haste to Supplier Controlled Ascending Market Clearing Auction methodology from the present system of coal allocation through Standing Linkage Committee.
As per the Supplier Controlled Ascending Market Clearing Auction methodology, the prices are increased till demand-supply equilibrium is established.