Coal India Limited plans to ease e-auction norms by lowering EMD for bidders and increasing coal quantities.

Coal India Limited plans to ease e-auction norms to encourage better participation from coal consumers. The state-run miner aims to lower the earnest money deposit (EMD) for bidders and increase the quantities of coal available for auction. They are also seeking feedback from e-auction bidders and conceptualizing new modalities for single window mode agnostic e-auction.