Tag: SECL auction result December

India: Bid premiums drop in SECL’s spot coal auction in Dec’22

Jan 3, 2023

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by

Shastu

in Non Coking

CIL subsidiary South Eastern Coalfields Ltd. has witnessed a progressive decline in bid premiums on coal sales via spot e-auction in December 2022. Bid premiums over the notified price fell by 180% for the auction held on 24 December, marking a steep decline from the levels of 225% in November. Notably, this was the fifth…