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Coal India’s Feb'26 E-Auction Sees MCL Top Volume Charts; NEC Commands 80% Premium

Coal India Ltd has released provisional SWMA e-auction data for Feb'26 and Apr'25-Feb'26. MCL offered the highest volume while NEC fetched the highest price premium of 80% over notified price.
Coal India’s Feb'26 E-Auction Sees MCL Top Volume Charts; NEC Commands 80% Premium

Kolkata: Coal India Limited (CIL), a Maharatna public sector enterprise, has released provisional data on its Single Window Mode Agnostic (SWMA) e-auctions for coal and coal products for February 2026, along with cumulative figures for April 2025 to February 2026, as per Regulation 30 of SEBI (LODR) Regulations, 2015.

February 2026 E-Auction Highlights

The e-auction involved CIL and its subsidiaries, including Eastern Coalfields (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields (CCL), Northern Coalfields (NCL), Western Coalfields (WCL), South Eastern Coalfields (SECL), Mahanadi Coalfields (MCL), and North Eastern Coalfields (NEC).

  • Total quantity offered: 205.92 lakh tonnes

  • Total quantity allocated: 103.66 lakh tonnes

  • Allocation percentages: Ranged from 21% (BCCL) to 100% (NEC)

  • Price increase over notified prices: Between 17% (MCL) and 80% (NEC)

Notably, SECL achieved a 75% allocation of offered coal, while NEC fully allocated its small offered volume of 0.30 lakh tonnes.

 

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Cumulative April 2025 – February 2026 Performance

  • Total quantity offered: 1,896.18 lakh tonnes

  • Total quantity allocated: 884.04 lakh tonnes

  • Allocation percentages: Varied between 19% (BCCL) and 81% (CCL)

  • Price increase over notified prices: From 23% (BCCL) to 62% (NEC)

The provisional data indicates strong market demand for coal, with allocation percentages varying across subsidiaries and notable price increases over notified rates, reflecting tight supply-demand dynamics.

Observations

  • Subsidiaries with higher allocation percentages, such as SECL (59%-75%), indicate active market absorption.

  • Price escalation over notified prices underscores the growing demand for coal across sectors, including power, steel, and industrial users.

  • NEC’s consistent 100% allocation and high price increase demonstrates robust demand even for smaller production volumes.

The SWMA e-auction platform continues to provide transparent and efficient market access for coal and coal products, facilitating equitable allocation while optimizing revenue for CIL and its subsidiaries.

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