Tag: CIL Special Forward E-Auction for Power

NCL’s coal allocation under auction for power sector rises 29% in Jun’20

Jun 25, 2020

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by

Abdul Sayeed

in Non Coking

Northern Coalfields Ltd (NCL) has recorded a jump of 29% in coal volume sold under special forward e-auction concluded on 19 Jun’20. The company has managed a to sell 644,000 t coal in the current auction against 500,000 t noted in previous term, as buying activity strengthened amid rise in power demand post lock-down. However,…