- G3 and G4 grades account for nearly 78% of total volumes
- G4 coal dominates bidding with higher realised prices
Eastern Coalfields Ltd (ECL) sold 94,200 tonnes (t) of non-coking coal in its spot e-auction held on 22 October 2025. Sales remained firm, supported by steady industrial demand from eastern India’s manufacturing and sponge iron sectors. A total of seven grades were offered, with low- to high-grade coal drawing the strongest bids.
Grade-wise performance
G4 emerged as the most traded grade with 48,050 t sold at an average bid of INR 4,961/t, followed by G3 with 25,450 t at INR 4,923/t. G12 and G13 grades collectively contributed 18,350 t, averaging INR 2,068/t and INR 1,713/t, respectively. Limited volumes of G5 (1,600 t at INR 4,199/t) and G11 (750 t at INR 2,151/t) also found buyers. Higher-grade coal such as G3 and G4 continued to command premiums above INR 4,900/t due to tight availability and firm regional consumption.
Mine-wise allocations
Rajmahal OC accounted for the highest volume, selling 18,350 t of G12 and G13 grades at an average of INR 1,975/t. Chitra OC followed with 15,450 t of G3 at INR 4,638/t. Other key contributors included Sonepur Bazari OC (10,000 t of G4 at INR 4,613/t), Bansra UG (4,500 t of G4 at INR 5,143/t), and Chora 7&9 Pit UG (4,500 t of G4 at INR 5,230/t). Premium bids were recorded at Khas Kajora UG, where G3 fetched INR 6,457/t for 4,000 t. Smaller parcels were also sold from Bahula, Kumardihi, and Pandaveswar UG mines, maintaining overall supply diversity.
Buyer-wise allocations
Ranisati Coal Carriers Pvt Ltd emerged as the top buyer, lifting 4,350 t of coal, mostly G3 and G4 grades, at an average bid of INR 5,176/t. S.S. Enterprises purchased 3,900 t, primarily G4 at INR 4,793/t. TPS Transport Pvt Ltd secured 3,150 t of mixed G3-G4 grades, recording one of the higher bid averages at INR 5,307/t. Rudra Enterprises and Mahadev Enterprises together lifted 6,100 t of lower grades (G12-G13) from Rajmahal OC, averaging around INR 2,000/t.
Market scenario
The 22 October auction reflected consistent buying momentum for low- and high-grade coal, particularly G3 and G4, which accounted for nearly 78% of total volumes. Competitive bidding and selective procurement by industrial users kept prices elevated across premium segments. The lower-grade lots witnessed stable absorption from regional traders and smaller consumers.
With industrial activity expected to strengthen in the coming weeks, ECL’s upcoming 31 October auction of 234,100 t across seven grades is likely to attract strong participation.
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