Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
430.25
7.10 (1.68%)
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Coal India registers 77% growth in e-auction sales during April-November

Date: 11-12-2020

Coal India (CIL) has registered a 77 percent growth in e-auction sales, under five windows, at 68.3 million tonnes (MT) during the April-November period of FY21. The upsurge in the booked or allocated quantity of coal was close to 30 MT, in absolute terms, compared to 38.6 MT booked during the same period a year ago. Indicating increased appetite from non-power consumers, exclusive auction for this sector booked 17.4 MT, which is 25.5 per cent of the total allocated quantity during the referred period.

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.