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An update from Coal India Ltd. ( (IN:COALINDIA) ) is now available.
Coal India Limited has opened its Single Window Mode Agnostic (SWMA) e-auction platform to allow coal consumers in neighbouring countries such as Bangladesh, Bhutan and Nepal to directly participate in its online coal auctions from 1 January 2026. Approved by the company’s board, the revised framework enables foreign buyers to bid alongside domestic consumers, replacing the earlier model where cross-border buyers could only access Coal India’s output through domestic traders.
The move is aimed at expanding Coal India’s market reach while maintaining priority for domestic supply, and is expected to improve transparency, competition and integration with regional coal markets. The updated scheme introduces one-time registration, digital bidding, advance electronic payments, and export via specified logistics channels, with payments structured under FEMA norms and settled in US dollars for Bangladesh and Bhutan and either US dollars or Indian rupees for Nepalese buyers, signalling a more formalized and regulated export mechanism for stakeholders in the neighbouring markets.
More about Coal India Ltd.
Coal India Limited is a state-controlled coal mining and marketing company and a Maharatna public sector enterprise based in India. It is primarily engaged in the production and sale of coal to power producers, industries, and other consumers, and operates e-auction platforms to allocate coal to both long-term and spot market buyers in the regional market, including neighbouring countries that import Indian coal.
Average Trading Volume: 445,915
Technical Sentiment Signal: Strong Buy
Current Market Cap: 2459.9B INR
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