
Coal India Limited (CIL) reported significant growth in its e-auction performance for February 2026, with a substantial increase in the quantity of coal allocated and a notable rise in auction prices compared to the notified rates.
In February 2026, Coal India and its subsidiaries conducted an e-auction that resulted in a 50% increase in the quantity of coal allocated compared to previous months. The auction prices were 35% higher than the notified rates, reflecting strong demand and competitive bidding.
The total quantity offered by CIL and its subsidiaries was 205.92 lakh tonnes, with 103.66 lakh tonnes allocated. This allocation was spread across various subsidiaries, including ECL, BCCL, and CCL, among others.
Among the subsidiaries, ECL offered 40.57 lakh tonnes and allocated 10.27 lakh tonnes, achieving a 25% allocation rate. BCCL offered 20.34 lakh tonnes and allocated 4.25 lakh tonnes, with a 21% allocation rate. CCL had a higher allocation rate of 51%, offering 23.39 lakh tonnes and allocating 11.87 lakh tonnes.
NCL and WCL also showed strong performance, with NCL allocating 69% of its offered quantity and WCL allocating 79%. SECL and MCL had allocation rates of 75% and 49%, respectively, while NEC achieved a 100% allocation rate with its smaller offering.
The e-auction prices exceeded the notified rates across all subsidiaries. NEC saw the highest increase at 80%, while NCL recorded a 47% increase. ECL and SECL both experienced a 43% rise, demonstrating robust market conditions.
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For the period from April 2025 to February 2026, CIL and its subsidiaries offered a total of 1,896.18 lakh tonnes, with 884.04 lakh tonnes allocated. The cumulative allocation rate stood at 47%, with prices 37% higher than the notified rates.
Subsidiaries like NCL and WCL maintained high allocation rates of 81% and 67%, respectively. SECL and MCL also contributed significantly to the overall performance, with allocation rates of 59% and 36%.
As of March 04, 2026, at 10:07 AM, Coal India share price on NSE was trading at ₹435.40 up by 2.15% from the previous closing price.
Coal India's February 2026 e-auction results highlight a strong performance with increased allocations and higher auction prices. The cumulative data from April 2025 to February 2026 further underscores the robust demand for coal and effective auction strategies by CIL and its subsidiaries.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Mar 4, 2026, 11:26 AM IST

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