Tag: SECL auction result
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India: SECL’s 0.45 mnt coal auction receives active response; bids surge across grades
Vedanta Washery remains top bidder followed by BS Sponge Blended average winning price rises 13% over reserve price CIL subsidiary South Eastern Coalfields Ltd (SECL) allocated 450,100 tonnes (t) of coal in its latest auction held on 11 June 2025. Volumes were dominated by low-grades, while premiums remained firm across high-CV grades. Auction highlightsThe G15…