South Eastern Coalfields Ltd. (SECL); a Coal India Ltd. subsidiary, have decided to sell 10.99 lakh tonnes coal for Non-Power consumers, including Captive Power Plants(CPPs) by Rail and Road Mode, phase-3 of 2020-21 (August’20 to October’20) through Exclusive e-Auction. The e-Auction shall be conducted by mJunction Services Ltd. on August 20, 2020.
For other information & details, buyers are advised to visit the respective website of SECL & mJunction. For terms & conditions of Spot e-Auction, buyers are advised to visit the website of Coal India Ltd. (http://coalindia.in). The auction shall be conducted on the floor price; i.e. reserve price for each source/lot. Bid Price shall be expressed in terms of percentage premium over notified price on the date of bidding. Percentage premium will remain constant throughout the lifting period of the particular Spot e-Auction. Details of Notice by SECL can be downloaded below.
