Author: Shilpa Singh
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SECL Coal Auction Prices Firm in Jan’16
SECL’s recent coal auction fetched poor response again in Jan’16. Material sold at around INR 100-300/MT higher than the base price for different grades and mines. Since the beginning of 2016, SECL’s coal auction platform is not receiving any positive hope from buyer’s side. The company received weak response again in the 1st auction of…