CIL’s coal allocation for non-power sector in Q1 rises 3-fold to 6.66 MT

Coal India’s fuel allocation under the exclusive e-auction scheme for the non-power sector increased three-fold to 6.66 million tonne (MT) in April-June period of the ongoing financial year.

This growth comes amid Coal India (CIL) looking to tap the non-power sector for consumption of its coal in the wake of a slump in demand for the dry fuel. CIL had allocated 2.20 MT of the dry fuel to the sector under the scheme in April-June period of the last financial year, as per latest government data.

However, the coal quantity allocated by the maharatna firm under the scheme in the last month dropped to 0.56 MT, from one million tonne allocated in June 2019-20, the data showed.