Tag: CIL auction August

India: Bid premiums at CIL coal auctions rise marginally m-o-m in August

Sep 5, 2022

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by

Shastu

in Non Coking

Coal India Ltd. (CIL) has seen a marginal increase in bid premium for coal sales via spot auctions in August, 2022. The bid premium was assessed at 312% over the notified price for August, which was 290% in July. This marginal increase was due to higher prices fetched at the Western Coalfields Limited (WCL) and…