Tag: Coal India Limited (CIL)
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India: Coal India empowers subsidiaries to fix reserve prices of e-auctions
Coal India Limited (CIL), a Maharatna Company, has announced a new directive empowering its subsidiaries as well as North Eastern Coalfields (NEC) to set reserve prices for coal e-auctions. This directive, outlined in letter No. CIL/GM(M&S)/E-Auction/4881, a copy of which is with BigMint, comes in response to fluctuating coal prices and changing supply-demand dynamics both…