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SPOT COAL AUCTION
CIL's April coal auction quantity drops 6% vs March to 30.5 MTCoal India Limited offered 30.5 million tonnes of coal in April auctions. This marks a slight decrease from March. Global energy prices are...- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Coal India, NMDC emerge as must-watch mining plays as spot prices surge, says Motilal Oswal's Siddhartha KhemkaIndia's mining and metals sectors show strong opportunity with surging coal and iron ore prices, benefiting Coal India and NMDC. Private ba...
- Amid West Asia crisis, CIL plans to offer 25.62 million tonnes of coal in April via auctionCoal India Limited is set to auction 25.62 million tonnes of coal this month. This move aims to address energy supply disruptions caused by...
- Informal sector steps up coal stocking over price concernsCoal prices have risen internationally and percolated to the free market rates for coal clocking a premium of 10-15% over the usual rates d...
- Power demand growth to boost Coal India's spot auctions: Chairman Pramod AgrawalAn increase in spot auction sales, which offer higher margins than its mainstay long-term contracts, will help Coal India to build off its ...
- State-run CIL exports coal for first timeThe Maharatna coal miner on June 8 amended its e-auction sale policy allowing across the borders sale of coal bought under spot e-auction a...
- CIL allows coal exports by consumers of 2 spot auctionsCoal India Limited has allowed domestic coal buyers including traders to export coal procured under two categories of e-auction schemes.
- Coal India's fuel allocation through spot e-auction rises 43 pc in FY21Fuel allocation by CIL under the scheme also increased to 5.30 MT in March, from over 2.53 2 MT in the corresponding month of 2019-20, it s...
- India proposes single spot coal auction for all consumers; CIL to exportPresently, Coal India sells 20-25% of its coal through several exclusive auctions to power consumers, non-power consumers and coal importer...
- CIL’s e-auction sales nearly triple in OctoberThe increase of 190% or 11 million tonnes during the month signals demand resumption for coal after a Covid-led hiatus. Volume booking in e...
- Coal India to increase e-auction offerings to 15%In the three quarters till end-December 2019, the company had offered about 12% of its production for auctions. Spot auction offers account...
- Coal India fetches 62% premium at spot auctions in OctoberFor the period Apr-Oct, the company managed to command a premium of 67% over its notified prices on an average. At special forward e-auctio...
- CIL's coal allocation under spot e-auction drops 36 pc in April-SeptemberCIL had allocated 17.69 MT of coal in the year-ago period, according to govt data. The coal allocated by the PSU under the scheme in Septem...
- Coal India fetches 82% premium over notified price in e-auctionAt special forward e-auction for the power sector, Coal India managed to sell coal at a premium of 27% over notified prices in September. F...
- CIL to offer 21.5% more coal to power generators through forward e-auctionsA senior executive at the coal behemoth said the company will offer 33 million tonnes of coal through forward e-auctions in 2019-20 compare...
- CIL to offer 60-70 million tonnes coal in spot & forward auctionsThe dry fuel supplier has also decided to offer an additional 70-80 MT of long-term supply contracts through auctions to the non-power sect...
- Spot sale gives CIL 66% premium during April - DecemberThe premium for spot auctions went as high as 95% in the months of October and December last year, data available on the coal ministry’s we...
- CIL allocates 8% less coal under spot e-auction in Apr-SeptThe decline comes amid government's goal to secure availability of coal to meet the demand of various sectors of the economy including powe...
- Government mulls common coal trading platform for Coal India and private companiesThe electronic platform is likely to be an extension of the spot sale practice of Coal India called ‘e-auction’ where all the coal mined in...
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