Tag: E-auction

In what could be regarded as an indicator of growing preference for domestic coal among buyers in India, the state-run miner—Coal India Limited (CIL)—has recorded a 32% jump in its E-auction sales during Q1 FY18. During the period, CIL had sold 32.7 MnT through the E-auction route against 24.8 MnT in the Apr-Jun’17 period. The…