India: SCCL schedules coal auction on 31 Jan, offering drops 53% y-o-y

Singareni Collieries Company Ltd (SCCL) has scheduled an auction for the fourth straight month, putting 427,500 t of coal for sale on 31 Jan’23. Of the total volume, 50 rakes each carrying 4,150 t of coal are earmarked for rail-mode, while the remaining quantity is via road sale. However, offering was down by 53% y-o-y from 907,000 t in Jan’22.


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