CIL’s coal allocation to power sector under e-auction declines 28 per cent in April 2021

Coal India Limited’s (CIL) coal allocation under special forward e-auction for the power sector declined 27.9 per cent to 2.19 million tonnes (mt) in April 2021 from 3.04 mt in April 2020.

The coal allocation by CIL under the scheme had increased to 39.33 mt in 2020-21 from 27.12 mt in 20219-20. Coal distribution through forward e-auction is aimed at providing access to coal for such consumers who wish to have an assured supply over a long period, around one year, through e-auction mode so as to plan their operation.