Tag: SECL Coal auction
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SECL Fetches 36% Premium for Coal Sales in Spot E-Auction
South Eastern Coalfields Ltd (SECL), the largest coal producing subsidiary of CIL, has recently concluded its spot e-auction for sales of 316,650 MT coal, scheduled for the month of Oct’19. The company had witnessed the entire coal volume sold in the auction, while fetching a premium of 36% over the notified reserve price. Apparently, SECL…