Deals26 Feb 2026, 06:51 pm
MSTC Ltd Wins Three-Year Contract as L1 Bidder for Coal India's NRS Linkage Auction
AI Summary
MSTC Ltd has been announced as the L1 bidder for a three-year contract to provide a whole gamut of associated services for the Non-Regulated Sector (NRS) linkage auction. The contract, awarded by Coal India Limited, involves conducting the auction and executing the agreement through the MSTC Platform Regulations 2015. The agreement's validity period is three years, and the consideration amount or size of the order could not be quantified at this stage. MSTC Ltd confirmed that neither the promoter, promoter group, nor group companies have any interest in the entity that awarded the order.
Key Highlights
- MSTC Ltd wins a three-year contract as L1 bidder for Coal India's NRS linkage auction
- The contract involves providing a whole gamut of associated services from auction to agreement execution
- The agreement's validity period is three years
- Consideration amount or size of the order could not be quantified
- Neither the promoter, promoter group, nor group companies have any interest in the awarded entity