Tag: Coal Price Revision
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WCL Cuts Auction Floor Price for Specific Mines
CIL’s mining arm in Maharashtra, Western Coalfields Ltd (WCL), has decided to reduce floor price for auction in order to provide cheaper coal to its power and non-power consumers during the lock-down period. Reserve price for spot coal auction was slashed by 10% to 20% over the notified price, while for special forward auction, the…