MSTC Secures Three-Year Contract from Coal India for NRS Linkage Auctions

MSTC has been appointed as the external service provider by Coal India to conduct Non-Regulated Sector (NRS) linkage auctions for three years. The contract includes managing all related services from auction conduction to agreement execution via MSTC's digital platform. MSTC clarified that the contract is not a related party transaction, and the financial details have not been disclosed. MSTC's core business includes e-auction and trading of bulk products, while Coal India focuses on coal mining and production.