Permits direct participation of foreign coal buyers in e-auction - Coal India Ltd
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COALINDIA
CIL permits direct participation of foreign coal buyers in e-auction
In a first, effective 1st January 2026, Coal India Limited (CIL) has permitted coal consumers located in the neighbouring countries like Bangladesh, Bhutan and Nepal, who wish to import coal from India, to directly participate in the Single Window Mode Agnostic (SWMA) auctions conducted by the company.
CIL’s Board has cleared the decks recently for this move, tweaking the scheme’s mechanism in the SWMA auction.
“Opening SWMA e-auctions to foreign buyers reflects CIL’s calibrated approach to market expansion while fully safeguarding domestic coal requirements. This step enhances transparency, competition and global market integration” said a senior company official.
Under the revised framework, foreign buyers can participate alongside domestic buyers in SWMA auction. Earlier, access to CIL’s coal by coal consumers across the borders was only through domestic coal traders who were allowed to buy and sell coal without any end use restrictions.