Tag: CIL Auction

Bid premiums in spot auctions conducted by Coal India Ltd. (CIL) fell in December 2022 after remaining stable during October-November. Bid premium over the notified price fell to 179% in December which was around 240% in October-November. CIL offered 5.9 mnt of coal in December of which 99% was booked at INR 2,696 crore. Notably,…