Author: Shilpa Singh

SECL’s domestic coal auctions have been receiving poor response since June’15. South Eastern Coalfields Limited (SECL), the largest coal producing subsidiary of CIL, had conducted an e-auction for 2.1 MnT coal in Aug’15, scheduled on different dates (10, 14, 18, 29 Aug’15) with different quantities. Auction prices were reduced at an average INR 200-300/MT. However,…