Tag: Spot Coal Auction

Price realization in SECL’s spot coal auction drops 9% m-o-m in Oct ’20

Oct 22, 2020

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by

Abdul Sayeed

in Non Coking

Recent spot coal auction conducted by South Eastern Coalfields Ltd (SECL) has failed to draw considerable interest from the bidders, wherein higher allocation to the tune of 78% booking was recorded but no such response was seen in terms of bid prices. In the auction held on 16 Oct ’20, the company had offered 1,500,800…