Coal India, the world’s largest coal miner by output, is looking to sell more coal via the e-auction route. The company is expected to sell 50-55 million tonnes (MT) in FY16 and is targeting 10 percent total sales via e-auction route.
The miner is confident of achieving production target of 550 MT for the current year. It also has a production target of 910 MT by 2019-2020. The company got an average of 195 rakes per day in FY15 and is confident of getting over 230 rakes per day in FY16.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
