Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
414.10
-1.15 (-0.28%)
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Coal India aiming 50 MT sales through e-auction in second half of FY23

Date: 17-11-2022

Coal India is aiming 50 million tonne (MT) sales through the e-auction route in the second half of the current fiscal (FY23). The company had sold around 30 million tonne via e-auction in the first six months of the 2022-23 financial year.

Coal India's e-auction sales were at 108 million tonne in 2021-22. In the July-September quarter of the current fiscal, the miner had sold 10.36 million tonne of coal via e-auction, and the average realisation was Rs 6,061 per tonne.

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.