- Total 125,500 t allocated against 1.15 mnt offered
- G4 accounts for majority (59%) of total allocations
Eastern Coalfields Limited (ECL) conducted its non-coking coal auction on 21 February 2026, offering 1,147,600 t. Total allocated volume stood at 125,500 t, reflecting subdued participation against a sizeable notified quantity. The overall weighted average price settled at INR 4,767/t.
Volumes sold and grade-wise trend
G4 dominated allocations at 74,100 t at an average INR 5,014/t, contributing nearly three-fifths (59%) of total volumes. Sonepur Bazari OC led with 35,000 t at INR 5,210/t, followed by Khottadih OC at 22,600 t at INR 4,442/t and Jhanjra UG at 10,000 t at INR 4,983/t. Premium pockets were visible at JK Nagar UG (INR 6,584/t) and Bankola UG (INR 5,721/t) on limited tonnages.
G11 totalled 33,600 t at INR 2,151/t, largely from Rajmahal OC (25,800 t) and Hura C OC (7,800 t). G5 cleared 8,000 t at INR 5,243/t from Amkola OC. High-CV G3 fetched INR 7,603/t for 5,000 t from Khas Kajora UG. Lower grades G12 and G13 settled at INR 1,798/t and INR 1,713/t respectively, while W04 cleared 900 t at INR 3,604/t.
Buyer participation
Shakambhari Ispat and Power emerged as the largest buyer, securing 15,200 t of G4. Bhagwati Enterprises lifted 6,000 t of G11. Mark Trading Company was active across G3, G4 and G5 segments, while Laxmi Narayan Enterprises and Satyam Smelters each secured sizeable G4 volumes. Cygnet Industries and Saluja Steel focused on G11 material. Jaiswal Brothers and Mahadev Enterprises participated in lower-grade segments including G12 and G13.
Market implication
The auction reflected stable demand for mid-CV grades, with G4 continuing as the anchor grade. Premium bids for G3 and select G4 mines indicate mine-specific competition rather than broad-based price escalation. The allocation ratio remained controlled, signalling disciplined procurement amid adequate grade availability.
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