Author: Shivani Patil
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India: ECL coal auction participation improves; G4 dominates bids
Bid volumes at auctions more than double Premium underground mines attract higher premium Eastern Coalfields Limited (ECL) conducted its non-coking coal auction on 30 May 2026, offering around 976,000 t of coal. Against the offered quantity, total bids stood at 93,900 t, more than double the 41,550 t recorded in the 23 May auction, indicating…