Coal India sees muted April e-auction demand despite strong premiums

AI Summary

Coal India has reported a decrease in demand for its e-auction sales in April 2026, indicating a potentially tough start to the fiscal year despite an adequate supply. The company allocated only a fraction of the total offered tons under its auction scheme.

Coal India Ltd (CIL) reported muted demand in its e-auction sales for April 2026, allocating only 39 per cent of the 305.51 lakh tonnes offered under the single-window mode-agnostic (SWMA) route, signalling a subdued start to FY27 despite adequate supply, according to the company’s exchange filing. The state-run miner allocated 117.74 lakh tonnes during the ...