SteelMint

Tag: CIL Auction

  • India: Bid premium mostly stable in ECL coal auction

    India: Bid premium mostly stable in ECL coal auction

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    by

    Shastu
    in

    Coal India subsidiary, Eastern Coalfields Ltd (ECL), has conducted auctions for a total of 289,867 t of coal on 5 Sep’22. Almost the entire quantity was booked at an average price realisation of INR 10,727/t while the bid premium was 231% over the notified price. The bid premium was mostly stable in this auction compared…