Tag: ECL coal auction
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Eastern Coalfields’ coal auction receives high bids amid supply tightness
Eastern Coalfields Ltd (ECL) held an auction for different grades of coal on 21 June. The entire offered quantity of 234,740 t comprising G3,G4, G5 and G6 grades was booked at higher bids. G4 grade was booked at INR 12,803/t against the reserve price of INR 4,100/t, a rise of 3% from last auction. G5…