Tag: CIL coal auctions

India: Bid prices in CIL’s coal auctions drop further in July

Aug 3, 2022

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by

Shastu

in Non Coking

Coal India Ltd (CIL) has witnessed a correction in bid prices for coal sales concluded via spot auctions for the second consecutive month in July, 2022. Bid premium was assessed at 290% over the notified price in July. In May and June, the premium was assessed at 425% and 357% respectively. This drop is attributed…