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Coal India’s allocation under special forward e-auction for power sector drops 28% in April

26 May 2021 Evaluate

Coal India’s (CIL) coal allocation under special forward e-auction for the power sector dropped 27.9 per cent to 2.19 million tonnes (MT) in April 2021. The company had allocated 3.04 MT of coal in April last year. However, the coal allocation by the PSU under the scheme had increased to 39.33 MT in FY21 from 27.12 MT in FY20.

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.

Coal India Share Price

434.75 -4.30 (-0.98%)
01-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 434.75
NMDC 84.40
GMDC 610.65
Sandur Manganese 207.10
MOIL 278.05
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