- Entire 10,500 t offered quantity sold
- G7 coal achieves 39% premium over notified price
Eastern Coalfields Ltd (ECL) sold the entire 10,500 tonnes (t) of non-coking coal offered from Gopinathpur MDO (RS) OC in its e-auction held on 20 June 2026, showing strong buying interest for the grade.
The mine offered G7 coal, which was fully allocated at an average bid price of INR 3,541/t, compared with the notified price of INR 2,540/t. This represents a premium of INR 1,001/t, or around 39% above the notified price.
Anand Carbo emerges as top buyer
Anand Carbo Private Limited secured the highest quantity of 4,050 t, accounting for nearly 39% of the total volume sold.
It was followed by Sendoz Impex Ltd, which purchased 3,900 t, while Joy Maa Durga Enterprise secured 1,500 t.
Other successful bidders included Ratan Coal Trading Pvt. Ltd. with 400 t, Baba Brahmeshwar Nath Enterprises with 300 t, Infinite Natural Private Limited with 200 t, and J.J Enterprise with 150 t.
Strong demand supports the prices
The complete sale of the offered quantity and the premium achieved over the notified price indicate healthy demand for G7 coal among traders and industrial consumers. The top three buyers together accounted for more than 90% of the total allocation, highlighting concentrated participation in the auction.
The results suggest that demand for mid-grade thermal coal remains firm, allowing ECL to achieve full allocation at a strong premium over the notified price.
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