Author: Yuvraj Chouhan

G11, G13 allocations surge; absorption improves G8 grade coal premiums stay strong above 110% Mahanadi Coalfields Ltd. (MCL) allocated 799,750 t of non-coking coal in its latest e-auction against a notified quantity of 3.47 million tonnes (mnt), resulting in an absorption rate of 23.1%. This marks an improvement over the previous auction held on 11…