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Coal India April auctions see 6 percent drop as buyers from neighbors get new access

Economy
Published on 11 May 2026
Coal India April auctions see 6 percent drop as buyers from neighbors get new access

Neighboring buyers can bid directly from Jan 1 2026

Coal India Limited offered 30.5 million tonnes in April coal auctions, down about 6% from March. The move comes as West Asia tensions keep global energy prices elevated and power plants lean on coal for energy security. CIL also plans to let buyers from Bangladesh, Bhutan, and Nepal participate directly in auctions starting January 1, 2026.

  • April coal auction quantity offered at 30.5 MT
  • Volume down 6% versus March
  • Higher global prices linked to West Asia tensions
  • Direct bidding for Bangladesh Bhutan and Nepal from 2026
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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