Coal news and updates

G-13 grade coal fails to attract any bid in Feb e-auction

March 26: No demand was witnessed for G-13 (GCV 3,401 to 3,700Kcal/Kg) grade coal offered by NCL for allotment via the MSTC platform during the month of February 2014 as the entire offered quantity of 1,209 tons failed to attract any bid at the e-auction.

However, very strong demand was witnessed for G-13 grade coal offered by MCL for allotment via the MSTC platform during the month of January 2014 as the entire offered quantity of 440,000 tons got allotted during the month.

On the other hand, G-13 grade coal offered by NCL during the month of December 2013 for allotment via e-auction through the MSTC platform failed to attract any demand.