$COALINDIA

COAL INDIA EASES COAL SUPPLY NORMS, BOOSTS AVAILABILITY FOR INDUSTRY ⛏️⚡️ • 📦 CIL to offer a record 35 MT of high-GCV coal under linkage auctions on 12 June, aimed at reducing imports by sponge iron producers. • 🏭 Steel (coking) sector allowed to sell surplus coal middlings in the open market, improving operational flexibility. • 📊 CIL offered 13.75 MT of coal to the steel (coking) sub-sector in the current linkage tranche. • 🤝 Consortium partner change limit increased from 2 times to 5 times during the linkage period. • 🏗️ Greenfield and brownfield projects can secure coal linkages before commissioning, helping improve project financing and bankability. • ⚡️ CIL to auction around 34 MT of coal under the SHAKTI policy on 8 June for power sector consumers. • 🔋 CIL said coal supply to the power sector remains adequate and current stock movements are not a concern. 🟢 Impact: Positive (Higher coal availability, reduced import dependence, and greater flexibility benefit steel, sponge iron, power and industrial consumers.)