Tag: Spot Coal Auction
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India: CIL’s coal sales via auctions drop 13% y-o-y in FY’22
State-run miner-Coal India Ltd (CIL) attained the highest-ever production and dispatches in FY’22. However, it failed to replicate this performance in auction sales due to the priority accorded in catering to the Fuel Supply Agreements (FSAs) commitments. The company had registered sales of 108 mnt of coal in the series of auctions held during FY’22,…