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Coal India gets rousing response for its first auction under common window

09 Mar 2022 Evaluate

Coal India's (CIL) first ever offer of nearly 5.2 Lakh Tonnes (LTs) of coal under the recently revamped single window e-auction was met with encouraging response from coal consumers with 100% of the offered quantity getting booked.

After the merger of earlier multiple auction windows into a solitary outlet, CIL conducted e-auction in two of its subsidiaries on March 3, 2022. The entire quantity of 3.2 LTs offered by Northern Coalfields, under the newly structured auction window, was fully booked. Similarly, a little over 1.98 LTs placed under the sole e-hammer by Eastern Coalfields got totally ordered.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Coal India Share Price

455.85 5.25 (1.17%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 455.85
NMDC 89.22
GMDC 669.60
Sandur Manganese 209.25
MOIL 319.20
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