Author: Yuvraj Chouhan
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India: ECL auction participation weakens; buyers favour higher-grade coal
Allocations halve from previous auction Buyers favour premium coal grades Eastern Coalfields Ltd (ECL) allocated 51,950 tonnes (t) of coal in its e-auction held on 16 June 2026 under the revised Coal India Ltd (CIL) e-auction scheme, against an offered quantity of around 854,150 t. The allocation ratio stood at 6.1%, down sharply from 13.3%…