Tag: CIL Coal Sales under E-Auctions

SECL’s Coal Auction Receives Tepid Response in Feb’20

Feb 15, 2020

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by

Abdul Sayeed

in Non Coking

South Eastern Coalfields Ltd (SECL), the largest coal producing subsidiary of CIL has witnessed moderate bids for coal sales conducted via monthly spot auction during Feb’20. The coal company had fetched average bid price of INR 2844.71/MT against a reserve price of INR 2774/MT for sale of G7 grade of coal. The auction held on…