India: SECL to auction over 2.8 mnt of coal on 28 Apr’25

SECL has scheduled an auction for 2,8,34,000 t of non-coking coal on 28 Apr’25, with grades G6, G8, G9, G10, G11, G14, and G15 on offer. As per BigMint assessment, domestic coal prices remain stable, with recent SECL auction bid prices hovering near base price levels. Additionally, only a few buyer enquiries have been heard, indicating cautious market sentiment.


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