Tag: CIL Auction
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CIL Expects Achieving E-auction FY17 sales target, Likely to Add 5 MnT to Original Target
Buoyed by the certainty of attaining its E-auction target for the current fiscal, Coal India Limited (CIL) is mulling offering an additional 5 MnT within the fiscal. CIL had sold 113 MnT through E-auctions by Dec’16 out of its target of 120 MnT for FY17. In view of the lower domestic prices vis-à-vis international prices,…