CIL’s fuel allocation under exclusive auction for non-power sector rises almost 6-folds in H1

New Delhi: State-owned Coal India Ltd’s fuel allocation under the exclusive e-auction scheme for the non-power sector rose almost six-folds to 13.44 million tonnes (MT) in April-September this fiscal. Coal India Ltd NSE 1.51 % (CIL NSE 4.72 %) had allocated 2.31 MT of dry fuel to the sector under the scheme in the corresponding period of the previous fiscal, according to the latest government data.

This growth comes amid CIL looking to tap the non-power sector to consume its coal.