Indian Coal e-auction Prices Fall on Higher Supplies

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.