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Coal India close to achieving e-auction target for FY17
Coal India has almost achieved its e-auction target for the current fiscal, and is looking at offering additional supplies. On offer is an additional 5 million tonnes which company officials think would be lapped up as its prices would be far lower than the international prices and it would offer a long-term assured contract which could be extended to 25 years.
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Coal India close to achieving e-auction target for FY17
Coal India has almost achieved its e-auction target for the current fiscal, and is looking at offering additional supplies. On offer is an additional 5 million tonnes which company officials think would be lapped up as its prices would be far lower than the international prices and it would offer a long-term assured contract which could be extended to 25 years.
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CIL to launch coal auction with flexible lifting
Amid soft demand for coal, state-owned CIL will hold long-term special forward auction for power producers with flexible lifting period of up to 3 years. ´A long-term special forward e-auction for lifting period up to three years is being launched for power producers,´ an official said.
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India Progressing Towards Optimum Energy Mix
The summer of 2017 promises to be a watershed year for India. While the government burns the midnight oil to introduce GST by start of the upcoming financial year, Piyush Goyal, Minister of State (I/C) Power, Coal, New and Renewable Energy and Mines, is confident that all villages will be connected to the grid by May 2017.
Ashok Puri, HNPCL, GST, DIPP, Piyush Goyal, UDAY, DDUGJY, CAGR, Electricity, SEB, Discoms, GNA, AT&C Losses, Power Ministry, R-LNG E-Auction Scheme
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Coal India close to achieving e-auction target for FY17
Coal India has almost achieved its e-auction target for the current fiscal, and is looking at offering additional supplies. On offer is an additional 5 million tonnes which company officials think would be lapped up as its prices would be far lower than the international prices and it would offer a long-term assured contract which could be extended to 25 years.
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CIL to launch coal auction with flexible lifting
Amid soft demand for coal, state-owned CIL will hold long-term special forward auction for power producers with flexible lifting period of up to 3 years. "A long-term special forward e-auction for lifting period up to three years is being launched for power producers," an official said. Coal India Ltd(CIL) will soon notify the detailed offer, schedule dates for auction.
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India Progressing Towards Optimum Energy Mix
The summer of 2017 promises to be a watershed year for India. While the government burns the midnight oil to introduce GST by start of the upcoming financial year, Piyush Goyal, Minister of State (I/C) Power, Coal, New and Renewable Energy and Mines, is confident that all villages will be connected to the grid by May 2017.
Piyush Goyal, GST, Power, Coal, New And Renewable Energy, Mines, DIPP, Make In India, DDUGJY, UDAY, CAGR, LGBR Report 2016-17 CEA, SEB, General Network Access Framework, Discoms
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