Coal India subsidiaries get power to set floor price for e-auctions

Earlier, it had fixed a ceiling for floor prices. It was 20% for non-power consumers and 10% for power. "Subsidiaries have also been empowered to fix the periodicity of these e-auctions depending on market forces," a senior Coal India executive told ET.

You can read more here: Coal India subsidiaries get power to set floor price for e-auctions