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Coal India is going to hold the second phase of special e-auction in this month for the current financial year to provide coal to power plants as the government is targeting 24X7 power supply across the country.
An official has said that “the special forward e-auction for 2016-17 for power producers-Phase II will be conducted as per the terms and conditions followed for Special Forward E auction for 2016-17 Phase I and as per the scheme of Special Forward E Auction for power producers.”
He further said that the special forward e-auction for 2016-17 for power producers including captive power plants (CPP)-Phase II would be held on May 24 and May 25.
