- G8 coal accounts for nearly half of offered volume
- Road dispatch dominates with 95% auction volumes
Coal India subsidiaries Mahanadi Coalfields Ltd (MCL) and Northern Coalfields Ltd (NCL) have together notified 3.467 million tonnes (mnt) of non-coking coal under the Single Window Mode Agnostic e-auction Scheme 2022. MCL has offered 3.16 mnt for its auction scheduled on 30 July 2026, while NCL has notified 306,000 t for the auction on 28 July. The combined catalogue covers thermal coal grades from G7 to G14, along with washery reject material, with supplies available through both road and rail modes.
MCL: G14 coal dominates 3.16 mnt offering
MCL’s auction is largely dominated by G14-grade coal, which accounts for nearly 1.88 mnt, or around 60% of the total quantity on offer.
Integrated LBL OCP is the largest contributor, offering 726,500 t, comprising 722,500 t through road dispatch and 4,000 t through BOCM-3 Rail Siding. It is followed by Samleswari OCP with 481,500 t, Hingula OCP with 440,500 t, Garjanbahal OCP with 179,500 t, and HBM UG Mines with 50,000 t. The notified price for road-dispatch G14 coal stands at INR 930/t.
G13, G12 also on offer in sizeable volumes
The auction also includes substantial quantities of G13-grade coal.
Lajkura OCP has offered 300,000 t, followed by Kulda OCP with 116,100 t and Orient-2 UG Mine with 49,750 t. Limited rail-linked quantities are available from Lajkura and Kulda, with the notified price for G13 coal fixed at INR 1,016/t.
Under the G12 category, Ananta OCP has notified 154,000 t, Bhubaneswari OCP 79,000 t, and Bharatpur OCP 54,000 t. Both road and rail dispatches are available for these mines, with a notified price of INR 1,101/t.
Limited premium-grade coal available
Higher-grade coal forms a relatively small share of the catalogue.
Siarmal OCP has offered 221,000 t of G11 coal and 95,000 t of G9 coal. Integrated LBL OCP has also notified 4,400 t of G10 coal, while Nandira UG Mine has offered 10,000 t of G7 coal, carrying the highest notified price in the auction at INR 2,540/t.
Apart from thermal coal, IB Valley Coal Washery has offered 200,000 t of washery reject (GCV 1,500-1,899) through road dispatch at a notified price of INR 507/t, providing a lower-cost fuel option for sponge iron plants, captive power units and other industrial users.
Road dispatch remains preferred mode
Road dispatch accounts for the majority of MCL’s offering, while rail-linked quantities are available from selected mines including Integrated LBL, Samleswari, Lajkura, Kulda, Hingula, Garjanbahal, Ananta, Bhubaneswari, Bharatpur and Siarmal, offering additional logistics flexibility to consumers outside Odisha.
NCL: G8 coal accounts for nearly half of 0.306 mnt offer
NCL has notified 306,000 t of non-coking coal, with G8-grade coal accounting for nearly 48% of the total quantity on offer.
G8 remains largest segment
The company has offered 148,000 t of G8 coal.
Among the major sources, Dudhichua OC and Khadia OC have each notified 50,000 t through road dispatch, while Krishnashila OC has offered 40,000 t. In addition, Dudhichua Silo-I and Krishnashila Silo have each offered 4,000 t through rail dispatch. The notified price for G8 coal is INR 2,231/t.
G10, G9 also on offer
G10 is the second-largest grade in the catalogue, with 104,000 t on offer.
Jayant OC has notified 100,000 t through road dispatch, while Bina New Silo has offered 4,000 t through rail dispatch. The notified price for G10 coal is INR 1,660/t.
The auction also includes 54,000 t of G9 coal from Bina OC, comprising 50,000 t through road dispatch and 4,000 t through rail. The road-dispatch notified price for G9 coal stands at INR 1,806/t.
Limited premium-grade coal
Among higher-value grades, Jayant Spur-I has offered 4,000 t of G7 coal through rail dispatch at a notified price of INR 2,840/t.
Road mode accounts for 95% of supplies
Road dispatch dominates NCL’s catalogue, accounting for around 290,000 t, or 95% of the total offering. The remaining 16,000 t will be supplied through rail dispatch from selected silos and rail sidings, providing limited rail-linked availability for buyers located outside the coalfield region.
Outlook
The latest auction programmes reflect the different supply mix of the two CIL subsidiaries. While MCL continues to focus on large-volume G13 and G14 coal for power plants, sponge iron producers, and other industrial consumers, NCL has concentrated its offering on G8 and G10 grades. With domestic coal availability remaining comfortable during the monsoon season, buying is expected to remain need-based. Market participants will closely monitor bidding premiums across both auctions to gauge demand for different coal grades and dispatch modes.
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