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SPOT E 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...- 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...
- Spot coal prices hit record on high demand, hoardingPower producers said this would substantially raise power tariffs, particularly the spot prices, while coal companies said the coal being b...
- 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...
- 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...
- CIL to increase spot e-auction offering to 15%Till December, it had offered close to 46 MT through auctions, of which the booked quantity was 44 MT.
- 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...
- First quarter e-auction premiums for Coal India up 66%Going forward, if Coal India diverts more coal to power plants, then possibility of a rise in spot e-auction premiums cannot be ruled out.
- 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...
- 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 mulls increase in prices to meet rise in wage costs“Unless coal prices are hiked it would be very difficult to attain a decent profit this fiscal,” a senior company executive said.
- Coal India's e-auction of coal sales up by 32 per cent in Q1The PSU coal mining behemoth has booked 32.7 million tonne of coal through different e-auction schemes during April-June 2017.
- 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...
- CIL to start spot e-auction of coal tomorrow; 20 mt on offerThe coal ministry had earlier said power producers being supplied coal through the MoU route by CIL will have to take it via special e-auct...
- Competition Commission of India directs Coal India to modify e-auction termsThe Competition Commission of India (CCI) has ordered the company to modify the "terms and conditions of Spot e-Auction Scheme 2007".
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