CIL Boosts E Auction Coal Allocation for Power Plants

State owned Coal India Limited's coal allocation to the power sector under the special e-auction saw a 5.9% rise to 17.96 million tonnes in the first eight months of the current financial year. CIL had allocated 16.95 million tonnes of coal during the April-November period of the previous financial year

Forward e-auction is aimed at facilitating all the consumers of coal across the country with wide ranging choice for booking coal online, enabling them to buy dry-fuel through a simple, transparent and consumer-friendly system of marketing of fossil fuel.