India: SECL offers 1.8 mnt of coal in second spot auction in Feb’23

South Eastern Coalfields Ltd (SECL) will conduct its second spot e-auction for 1.79 mnt of non-coking coal on 21 Feb’23. The grades offered are G5 to G12, G14, and G15. The G11 offering from Dipka, Gevra, and Kusmunda mines constitutes 56% of the total offered quantity. SECL offered nearly the same volume in the previous auction on 7 Feb’23.