Author: Shivani Patil
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India: MCL auction sees strong premiums for G12 coal
0.8 mnt allocated of 3.4 mnt offered Jindal Steel & Power emerges as largest bidder Mahanadi Coalfields Ltd. (MCL) witnessed strong competition for G12 coal in its spot e-auction held on 11 August 2026, while bidding remained selective across other grades. Against the 3.40 mnt offered, 798,650 t was allotted. The strongest buying interest was…