Author: Shilpa Singh
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India: SECL’s Auction Prices reduce by upto INR 200/MT
SECL’s coal auction held on 21 Jan, 2015 fetched comparatively lower bids. In this auction, bid prices fell by around INR 50-200/MT for few grades. South Eastern Coalfield Limited (SECL), which had scheduled an e-auction for 1.23 MnT coal on 21 Jan’15, received comparatively lower bids because of buyers’ refusal to pay high prices in…