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Gas auction: Relevant questions – 2 Sep 2022

Sep 02, 2022

This particular gas auction is attracting a lot of bidders

As many as 20 potential bidders

But there is a problem here: it seems that there is no cap on the bidding parameters, however the sale price is restricted to ceiling price, so it is likely that all bidders "will attempt to put maximum quantity and max bidding parameters which they can possibly offer and hus, practically there would not be any limit in bidding."

Find out what the reply to this query was

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