CIL auctions coal through special e-auction

Coal India Limited (CIL) has auctioned about 14 million tonnes (mt) of coal under a special e-auction to the power sector and other non-power sector consumers. Of this, 10 mt was reserved for the power sector and the remainder for non-regulated sectors. The move aims to facilitate the liquidation of pithead coal stock. As of February 1, 2016, unsold coal with CIL reportedly stood at 42.25 mt

GET ACCESS TO OUR ARTICLES

Enter your email address