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Construction : Finance Update | November 2015 | Source : Infrastructure Today

CIL, SCCL earn Rs.30,000 cr

The state-owned CIL and Singareni Collieries Company (SCCL) have earned incremental revenues of around Rs.30,000 crore through e-auction, Mjunction Services, a JV between Tata Steel and SAIL that pioneers in e-auction services, said.

The very first e-auction fetched 54 per cent above the notified price for Bharat Coking Coal, a Coal India arm.

 
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