Tag: CIL Coal Auction
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India: CIL’s allocations in auctions drop 58% m-o-m in May ’21
Coal India Ltd (CIL) has witnessed a drastic fall in its sales recorded under the auction route during May ’21, in tandem with the lesser volume being offered for sale. Auction sales decreased 58% month-on-month (m-o-m) to 6.38 mn t in May ’21 compared to 15.14 mn t in Apr ’21. Interestingly, the offered quantity…