Coal India has allocated 37.21 million tonnes of coal during the April-February period of FY20-21 under spot e-auction scheme, registering a year-on-year increase of 36.3 per cent. Fuel allocation by the company under the scheme also increased to 4.41 MT in February, from over 3.31 MT in the corresponding month of 2019-20.
The purpose of e-auction is to provide equal opportunity to all intending buyers for purchasing coal through single window service.
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.
