India: NCL notifies 175,000 t of G7-G13 coal for upcoming e-auction

• Jhingurda contributes nearly three-fourths of auction volumes
• Limited G7 supply may attract stronger bidding

Northern Coalfields Ltd (NCL) has notified 175,000 tonnes (t) of non-coking coal for its e-auction scheduled on 20 July 2026. The offering comprises G7, G9 and G13 grades from three mines, with the entire quantity available in (-)250 mm size and slated for dispatch exclusively through the road mode.

Jhingurda G13 coal dominates auction volumes

The largest share of the auction has been offered from Jhingurda OC, which has notified 130,000 t of G13 coal in (-)250 mm size through the road mode. The notified price (inclusive of SPC) for the grade stands at INR 1,316/t.

Accounting for nearly 74% of the total auction quantity, the Jhingurda offering is expected to cater primarily to consumers seeking lower-grade fuel for cost-sensitive industrial applications.

Kakri OC offers sizeable G9 quantity

Kakri OC has notified 35,000 t of G9 coal in (-)250 mm size through the road mode. The notified price (inclusive of SPC) has been fixed at INR 1,806/t.

The Kakri offer constitutes around 20% of the total auction volume, making it the second-largest lot in the catalogue.

Limited G7 coal available

NCL has also offered 10,000 t of G7 coal from Block B G7, with dispatch through the road mode. The coal is available in (-)250 mm size and carries a notified price (inclusive of SPC) of INR 2,840/t.

Although the quantity is comparatively limited, the higher calorific value of G7 coal is likely to attract interest from industrial consumers seeking better fuel quality.

Road mode remains the exclusive dispatch option

All 175,000 t notified under the auction will be supplied through the road mode, with no rail-based offerings included in the catalogue. This simplifies logistics for buyers located within trucking distance of the respective mines.

Market implication

The auction is dominated by lower-grade G13 and G9 coal, which together account for 94% of the total notified volume. Given the comfortable availability of these grades in recent NCL auctions, bidding is expected to remain close to the notified prices.

The limited 10,000 t G7 offering, however, is likely to witness relatively stronger buyer interest due to its higher quality and constrained availability, while overall procurement is expected to remain need-based.