Coal India e-auction sale rises 77 per cent to 68 mt during April-November

Coal India Limited (CIL) has registered a 77 per cent growth in e-auction sales, under five windows, at 68.3 million tonnes (mt) during the April-November period of the ongoing fiscal.

The upsurge in the booked or allocated quantity of coal was close to 30 mt, in absolute terms, compared to 38.6 mt booked during the same period a year ago. Indicating increased appetite from non-power consumers, exclusive auction for this sector booked 17.4 mt, which is 25.5 per cent of the total allocated quantity during the referred period. Compared to 4.8 mt booked by non-power consumers during April-November last fiscal, the growth is more than a three-and-a-half folds or 262 per cent.

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