Coal India Ltd (CIL) sold 178 mnt of coal during Q1FY23 (Apr-Jun’22), higher by 11% y-o-y. Supply via fuel supply agreement (FSA) rose by 21% y-o-y to 153.8 mn t while sales through e-auctions fell by 31% y-o-y to 20.9 mn t. Average price realisation of coal sales via FSAs remained largely unchanged y-o-y at INR 1,443/t whereas via e-auctions increased by 177% to INR 4,340/t.
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