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A look at the post-coal auctions likely scenario.
Post the coal auctions, winners may just import coal at present and resume mining from the captive blocks only after international prices firm up…
The question that is doing the rounds is whether the coal-bearing states will now ask even Coal India Ltd to pay the same amount to them for providing it the right to mine coal from their states.
Also read:
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● Will India’s coal imports surge to 400 mt by FY20
● Ask industry, not government, about aggressive bids: Swarup
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● Coal’s share in power generation may drop 9 by 2025