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Coal India's fuel allocation under spot e-auction rises 50% in April-August period

12 Oct 2020 Evaluate

Coal India (CIL) has allocated 13.86 million tonnes (MT) coal in the first five months of FY21 under the spot e-auction scheme, registering a year-on-year increase of 49.5 percent. The company had allocated 9.27 MT of coal in the April-August period of the previous fiscal.

Fuel allocation by CIL under the scheme also increased to 3.36 MT in August, from over 0.61 MT in the corresponding month of the previous fiscal. Coal distribution through e-auction was introduced with a view to providing access to coal for such buyers who are not able to source the dry fuel through the available institutional mechanism.

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.

Coal India Share Price

438.70 3.95 (0.91%)
02-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 85.61
GMDC 609.70
Sandur Manganese 207.05
MOIL 277.25
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