Tag: Coal Auction

  • SECL Coal Auction Continues to be Distressful

    SECL Coal Auction Continues to be Distressful

    SECL’s domestic coal auction again fetched poor response in Mar’16 and 35% material was sold at floor price. SECL, a largest subsidiary of CIL, was concluded a coal auction on 8 and 9 Mar’16 with total quantity of 2.7 MnT. The response was not much pleasing for the company as only 33% of the quantity…