CIL Auction Sales

India: CIL aims to sell 120 mn t coal via auction route

Coal India Ltd has said that it expects to allocate 120 mn t coal via e-auction in FY ’21. The company has significantly raised coal offered under e-auctions in order to liquidate the excess stock, which was assessed nearly 35 mn t higher on the year at 59.27 mn t at the end of Dec ’20.


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