Coal India Limited (CIL) has announced the provisional results of its Single Window Mode Agnostic (SWMA) E-auction for April 2026, revealing a significant increase in the auction price over the notified price. The auction, which included CIL and its subsidiary companies, saw a 51% increase over the notified price.
The data shows that a total of 305.51 lakh tonnes of coal were offered in the auction, with 117.74 lakh tonnes allocated. This represents a 39% allocation rate across all subsidiaries. Among the subsidiaries, Northern Coalfields Limited (NCL) and North Eastern Coalfields (NEC) achieved a 100% allocation rate, offering and allocating 7.84 lakh tonnes and 0.25 lakh tonnes, respectively.
The highest percentage increase over the notified price was observed in NEC, with a 90% increase, followed closely by NCL at 85%. Other subsidiaries such as Eastern Coalfields Limited (ECL) and Western Coalfields Limited (WCL) recorded increases of 62% and 36%, respectively.
In terms of quantity, Mahanadi Coalfields Limited (MCL) offered the largest volume at 94.58 lakh tonnes, allocating 21.61 lakh tonnes, which resulted in a 23% allocation rate. South Eastern Coalfields Limited (SECL) had the highest allocation volume at 44.69 lakh tonnes, achieving a 79% allocation rate.
The SWMA E-auction is part of CIL’s efforts to streamline coal distribution and enhance transparency in the allocation process. The auction results reflect the demand dynamics and pricing trends in the coal market for the month of April 2026.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).