Western Coalfields Ltd (WCL), a subsidiary of Coal India Ltd (CIL), had conducted an auction for 271,370 t of coal on 18 Nov. Almost the entire quantity was booked at a price realisation of INR 6,459/t, fetching a premium of 193% over the notified price. However, the bid premium rose from 145% in Oct’22 amid uptake in bids from few mines.
Leave a Reply