Tag: CIL Coal Auction
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India: CIL makes slow progress in raising auction sales
Coal India Ltd (CIL) has adopted a watchful approach towards selling coal via e-auctions as it stepped up efforts to improve supplies to the power plants facing critical inventory levels. Sales via a series of auction held during May, 2022 increased to 4.38 million tonnes (mnt). This marked a significant growth from the lows of…