Coal India fetches 62% premium at spot auctions in October
Kolkata: Coal IndiaNSE 0.70 % has managed to command a premium of 62% premium over notified prices for coal sold through spot e-auctions conducted in October. During September the company managed to fetch 82% premium over notified prices for spot e-auctions.
For the period April-October, the company managed to command a premium of 67% over its notified prices on an average.
At special forward e-auction for the power sector, Coal India managed to sell coal at a premium of 39% over notified prices in October. For the April-October period, the company managed to command an average premium of 32% over notified prices.
