SteelMint

Tag: E-auction

  • CIL’s Q3FY17 E-auction Sales Zoom 66.6% Y-o-Y

    CIL’s Q3FY17 E-auction Sales Zoom 66.6% Y-o-Y

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    by

    Indu Bhusan Nath
    in

    Coal India Limited (CIL) achieved higher E-auction sales in Q3FY17 despite prevalence of tepid demand. During the third quarter of the current fiscal, the coal major sold 25 MnT through E-auctions, achieving a 66.6% rise over the similar sales of 15 MnT in Q3FY16. An intra-fiscal comparison reveals that the E-auction sales during Q3FY17 also…