Tag: CIL E-Auction Price Realisation
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CIL’s Coal Sales from E-Auction Drops 17% Y-o-Y in FY20
Sales volume recorded in Coal India’s e-auction have dropped 17% on the year to 66.03 MnT in FY20 as against 79.8 MnT in FY19. Provisional data provided by CIL indicates that out of the total 94.76 MnT coal offered in various auctions, 70% of the material was allocated in the fiscal. Better domestic availability of…