India: MCL to auction 2.2 mnt coal on 12 August

CIL subsidiary Mahanadi Coalfields Ltd. (MCL) will conduct an auction for 2.2 mnt of coal on 12 Aug’22. Coal to be offered in the auction will comprise non-coking grades of G8, G12, G13 and G14, of which G12 and G13 constitute 780,000 t and 870,450 t respectively. Notably, no spot auction was held by MCL last month.


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