Tag: MCL Coal Dispatch
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India: Bid premium continues to fall in MCL’s spot coal auction
CIL’s largest coal-producing subsidiary, Mahanadi Coalfields Ltd. (MCL), concluded a spot auction for sale of non-coking coal on 16 August, 2022 in which the entire quantity was booked.The company had offered 2.31 million tonnes (mnt) of coal comprising of grades G8, G12,G13 and G14, of which G12 and G13 grades alone constituted 76% of the…