India: MCL schedules e-auction for sale of over 2 mnt of coal on 28 Feb’23

Mahanadi Coalfields Ltd (MCL) has offered 2.05 mnt of coal for sales via spot auction on 28 Feb’23. The product mix includes mixed bag of non-coking coal grades in the range of G8-G14. Notably, this is the second auction scheduled for Feb’23 after no auctions were held in Jan’23. Earlier, the company had put 1.7 mnt of coal for sales on 1 Feb’23.


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