Author: Shivani Patil
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India: Recent ECL auctions see limited participation, buyers show preference for mid-CV coal grades
G4 coal dominates buyer interest in both auctions Buyers resort to selective procurement strategy Coal India (CIL) subsidiary Eastern Coalfields Limited (ECL) concluded two non-coking coal auctions on 19 December and 26 December 2025. The auctions reflected buyer preference for mid-calorific value (CV) coal grades and saw underground (UG) coal fetching sustained premiums despite limited…