 "Coal mines, Coal")
Coal India’s (CIL) average net sales realisation from e-auctions is likely to increase by 10 per cent to about Rs 1,650 a tonne in the near term on account of a global surge in coal prices and a revival in projected demand for the fossil fuel in the country, especially from the power sector, analysts say.
According to a report by brokerage firm Motilal Oswal, which sourced the data from the exchanges, e-auction prices had been falling continuously since 2015-16 and remained that way till the first half of 2016-17. This pulled down the average price realisation by 3.8 per cent
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