Tag: Coal Auction Prices

  • CIL Coal Auction Distressed upon Poor Response

    CIL Coal Auction Distressed upon Poor Response

    Rise in domestic supply, coupled with weak demand and bearish global outlook, is hampering CIL’s coal auction. The largest producer of coal in India, CIL, is facing a dramatic situation as its coal e-auction has not been fetching favorable response by the consumers and it is becoming difficult for CIL to sell the quantities put…