Tag: SECL bid premium
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India: Bid premium rises at SECL’s coal auction in Jan’23; power sector books hefty volume
South Eastern Coalfields Ltd (SECL), a subsidiary of Coal India, has witnessed an increase in the bid premium on coal sales via spot e-auction in January 2023. On 16 January 2023, SECL conducted an auction for 884,000 t of non-coking coal. The grades offered were G5, G6, G8, G9, G10, G14, and G15, of which…