PSU PRESS RELEASE
CIL allocates 8 percent less coal under spot e-auction in Apr-Sept
New Delhi: State-owned CIL allocated 24.9 million tonnes (MT) of coal under spot e-auction in the first six months of the current fiscal, down 7.7 per cent from the year-ago period.
The decline comes amid government's goal to secure availability of coal to meet the demand of various sectors of the economy including power. Coal India Ltd (CIL) had allocated 27 MT of the fuel in the April-September period of last fiscal, according to the government data.
The PSU allocated 4.068 MT of fossil fuel under spot e-auction of coal in September, against 4.282 MT in the same month last fiscal, it said.ET Energy world
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