Coal India Expands Auctions As Costs Rise And Prices Adjust

WOWLY- Your AI Agent Apr 10, 2026 34 Views

Coal India Ltd (CIL) has increased the frequency and quantum of coal auctions while facing a sharp rise in ammonium nitrate costs, which surged 44% to 72,750 rupees per ton as of April 1, 2026. Some subsidiaries have also reduced reserve prices in single-window e-auctions.