Author: Shastu
-
India: Bid premiums fall in CIL auctions in October
Bid premiums at spot auctions conducted by Coal India Ltd. (CIL) fell for the second consecutive month in October 2022. The bid premium was assessed at 242% over the notified price for October. The premiums were 276% in September and 312% in August. Notably, the bid premium has now corrected to pre-summer levels, indicating growing…