Author: Shivani Patil
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India: MCL auction sees strong premiums for G12, G13 and G14 coal grades
G12 premiums exceed 260% at select mines Winning bids rise across mine-grade combinations Mahanadi Coalfields Ltd. (MCL) allocated 1.683 mnt in its e-auction held on 5 October 2026 against 1.861 mnt offered, with bidding remaining strong across several mine-grade combinations. G12 attracted the highest winning prices, led by Jagannath and Kaniha, while G13 and G14…