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Steel Mint

Indian Coal e-auction Prices Fall on Higher Supplies

10, Jul 2023

State-run miner Coal India Ltd (CIL) has floated a calendar outlining the proposed coal volume to be offered under e-auctions during FY'24. The company is planning to sell 97.43 million tonnes (mnt) of coal, which is around 81% higher than 53.91 mnt offered last year of which 52.88 mnt was booked.

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