Tag: SECL Coal auction

SECL’s November coal auction fetched comparatively lower bids as a large portion of material was sold at floor price. South Eastern Coalfields Limited (SECL), the largest coal producing subsidiary of CIL, had concluded an e-auction for 1.2 MnT coal on 20 & 23 Nov’15. The company sold about 80% of the total quantity. Prices were…