CIL’s coal allocation for non-power sector jumps to 6 MT in April-May

Coal India’s fuel allocation under the exclusive e-auction scheme for non-power consumers like steel and cement jumped five-fold to 6.10 million tonnes (MT) in the last two months.

The state-owned company had allocated 1.20 MT of coal to non-power consumers under the scheme in April-May 2019, as per latest government data.

This growth comes amid Coal India Ltd (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.

Under the scheme, CIL allocated 2.19 MT of coal last month, against no fuel allocated by the PSU in May 2019, the data said.

For the entire fiscal 2019-20, the PSU’s coal allocation under the scheme dropped to 8.03 MT from 11.36 MT in the previous year.