Coal India Limited’s (CIL) total coal allocation under e-auction registered a robust 65 per cent increase during the first half of 2020-21 over last year’s same period.
CIL booked 41.4 million tonne (mt) raw coal in four e-auctions windows (spot e-auction, auction for non-power consumers, Special forward auction for power producers, and special spot auction) during April-September 2020 compared to 25.1 mt booked in the corresponding period last fiscal. CIL decided to give more thrust in auction sales which resulted in higher volumes.