India: SECL, ECL schedule auctions for over 1.6 mnt of non-coking coal

South Eastern Coalfields Limited (SECL) has scheduled an e-auction on 19 Feb’25 for 1.54 mnt of non-coking coal across grades G6, G7, G8, G9, G10, G11, and SC-II. Meanwhile, Eastern Coalfields Limited (ECL) will auction 88,500 t on 18 Feb, offering grades G3, G4, G5, and G6. According to BigMint, domestic coal prices are at INR 5,000/t ex-Bilaspur for 4500 GCV and INR 5,950/t for 5000 GCV.


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