Coal India’s (CIL) coal allocation to the power sector under special e-auction registered a 27.7 percent rise to 16.48 million tonnes (MT) in the April-October 2020 period. The company had allocated 12.90 MT of coal to the sector in the year-ago period.
The coal allocation by the company in October also increased to 6.51 MT, over 1.97 MT in the corresponding month of the previous fiscal. 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, say one year, through e-auction mode so as to plan their operation.
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 | 451.50 |
| NMDC | 88.49 |
| GMDC | 618.70 |
| Sandur Manganese | 214.50 |
| MOIL | 295.40 |
| View more.. | |
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: