Tag: CIL Special Forward E-Auction for Power

Bid price in SECL’s special forward auction recede in Dec ’20

Dec 23, 2020

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by

Abdul Sayeed

in Non Coking

Sharp fall in power demand lowered coal sale in recent special forward auction conducted by South Eastern Coalfields Ltd (SECL), as the bid price was pulled down by the cautious approach taken by the buyers. In the auction held on 17 Dec ’20, the company had floated 2,350,000 t coal specially for power producers, wherein…