South Eastern Coalfields Ltd (SECL) has invited bids for the spot auction of 0.83 mnt of non-coking coal scheduled on 19 Jul’22. The grades offered are in the range of G5-G15, of which the quantity for G15 grade is 450,000 t. There was no spot e-auction held in June’22. The previous auction in May’22 received a bid premium of 495% over notified price.
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