Liberal eligibility key criteria in largest commercial coal mines auction

The largest-ever commercial coal auction of 141 mines will see liberal eligibility criteria and almost no restriction on the sale of coal from these mines.

Commercial coal auction happen on a rolling basis, but the latest round, launched last month, is the largest to come in several months. With this, the Centre is hoping to entice interest from a variety of sectors beyond the core infrastructure.
 

Among other new features in the auction is introduction of sustainable mining practices and push to reduce carbon footprint of the mining activity.

According to an investor presentation given by SBI Caps, which is