Coal India Limited (CIL) reported a significant 45% increase over the notified price in its Single Window Mode Agnostic (SWMA) e-auction for March 2026. The company and its subsidiaries offered a total of 325.32 lakh tonnes of coal, out of which 133.17 lakh tonnes were allocated, representing 41% of the total quantity offered.
Among CIL’s subsidiaries, Northern Coalfields Limited (NCL) achieved a 100% allocation of its offered quantity, with a remarkable 80% increase over the notified price. Central Coalfields Limited (CCL) also saw a notable allocation of 34% with a 12% price increase, while South Eastern Coalfields Limited (SECL) allocated 74% of its offered quantity with a 70% price hike.
For the fiscal year 2025-26, CIL and its subsidiaries offered a cumulative 2221.5 lakh tonnes of coal, with 1017.21 lakh tonnes allocated, marking a 46% allocation rate. The overall price increase for the fiscal year stood at 38% over the notified price.
Eastern Coalfields Limited (ECL) and Western Coalfields Limited (WCL) reported allocation rates of 40% and 64% respectively, with price increases of 38% and 39% over the notified prices for the fiscal year.
This performance highlights CIL’s ability to secure higher prices in the e-auction market, reflecting strong demand and strategic allocation across its subsidiaries.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).