Coal India Allocates 10.366 mn t In February SWMA E-Auction

Coal India Limited reported provisional Single Window Mode Agnostic e-auction allocations for February 2026, showing allocation of 10.366 million (mn) tonne (t) from 20.592 million (mn) tonne offered by the company and its subsidiaries. The allocation represented 50 per cent of the quantity offered during the month and the average premium achieved over the notified coal price stood at about 35 per cent. The figures are drawn from a regulatory filing dated March 03, 2026 and are provisional.

Several subsidiaries contributed to the e-auction offerings, with Eastern Coalfields Limited offering four point zero five seven mn t, Bharat Coking Coal Limited offering two point zero three four mn t, Central Coalfields Limited offering two point three three nine mn t and Northern Coalfields Limited offering zero point seven six six mn t. Other subsidiaries, including Western Coalfields Limited, South Eastern Coalfields Limited and Mahanadi Coalfields Limited, also supplied significant volumes and recorded varying allocation rates and price premiums. The month witnessed a range of demand and pricing outcomes across regions driven by buyer requirements and notified price differentials.

Allocation rates varied across subsidiaries, with Northern Coalfields Limited recording allocation of 69 per cent of its offered quantity and Western Coalfields Limited achieving 79 per cent allocation. South Eastern Coalfields Limited allocated about 75 per cent of its offered volume while Mahanadi Coalfields Limited recorded allocation of around 49 per cent during the February auctions. These divergent allocation rates contributed to the overall allocation ratio for the month.

For the cumulative period from April 2025 to February 2026, the company and its subsidiaries offered 189.618 mn t under the SWMA e-auction mechanism and allocated 88.404 mn t, representing 47 per cent of the quantity offered during the period. The average premium realised over notified prices during the period stood at approximately 37 per cent. Coal India said the data reflects provisional figures for SWMA e-auction performance across the company and its subsidiary coal producing entities.

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