Coal India's (CIL) fuel allocation under the exclusive e-auction scheme for the non-power sector increased three-fold to 6.66 million tonnes (MT) in the April-June period of the ongoing financial year (Q1FY21).
This growth comes amid CIL looking to tap the non-power sector for the consumption of its coal in the wake of a slump in demand for the dry fuel. CIL had allocated 2.20 MT of the dry fuel to the sector under the scheme in the April-June period of the last financial year.
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.
| Company Name | CMP |
|---|---|
| Coal India | 438.70 |
| NMDC | 85.61 |
| GMDC | 609.70 |
| Sandur Manganese | 207.05 |
| MOIL | 277.25 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: