India: NCL to conduct e-auction for 650,000 t of coal on 21 Oct

Northern Coalfields Ltd (NCL), a subsidiary of Coal India Ltd (CIL), has scheduled a spot e-auction on 21 Oct for the sale of 650,000 t of non-coking coal. The grades offered are G5, G7, G8 and G10. G10 offering is highest at 190,000 t. Notably, this is second consecutive month in which the miner is conducting auction after it had skipped sales in August.


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