Author: Shivani Patil
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India: MCL coal auction allocations rise sharply in recent auction
G12 coal dominates total allocations, with 27% premium G8 fetches strongest premium of 122%, stable against 30 Apr Mahanadi Coalfields Limited conducted its road-mode non-coking coal auction on 9 May 2026, offering around 4.36 mnt of coal. Against the offered quantity, total allocation stood at 927,000 t, more than double the 448,000 t allocated in…