Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
419.15
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Coal India’s e-auction to power sector drops by 20% in April-November

Date: 31-12-2018

Coal India has allocated 21.91 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in April-November 2018 which registered a decline of 20.1% over the year-ago period. The company had allocated 27.43 MT of coal in the April-November period of 2017-18. Coal allocation dropped sharply by 51.7% on yearly basis to 1.53 MT in November.

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.