Tag: CIL E-Auction Price Realisation

  • India: Bid premium in CIL Sept auctions jumps 150%

    India: Bid premium in CIL Sept auctions jumps 150%

    Coal India Ltd (CIL) witnessed robust sales in the series of auctions it held in the month of September primarily for the non-power sector, which also fetched record bid premiums. Domestic coal shortage along with soaring imported prices compelled buyers to raise their bids in the competitive market. Due to the prevailing supply tightness offerings…