Tag: CIL E-Auction Price Realisation
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India: Bid prices rise to nearly INR 13,000/t in NCL’s coal auction
Northern Coalfields Ltd. (NCL) witnessed bid prices rising sharply at its recent coal auction on 26 Apr’22. The entire offered volume of 0.8 mnt comprising grades ranging from G5-G11 was sold out, of which the G5 grade fetched a price realisation of INR 12,800/t. This coal grade had fetched INR 5,895/t in Sept’21, the last…