Tag: CIL bid premium

India: Bid premium in CIL’s spot e-auctions drop to 179% in Dec’22

Jan 5, 2023

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by

Shastu

in Non Coking

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,…