CIL’s supplies under e-auction grew 31% in Apr-Dec

Coal India’s coal despatch under the five e-auction windows at 77.4 million tonnes (MTs) rose 31% during April-December’21 compared to 59 MTs in the corresponding period year ago. The premium over notified price in e-auctions increased almost four-fold to 58% during April-December’21 compared to 15% of the same period last year, a senior executive said.

Special forward e-auction, the exclusive window meant for the power sector, accounted for nearly 28 MTs of the total despatched quantity.

Coal supplied under other e-auction outlets, where predominantly non-regulated sector customers access coal, accounted for 49.5 MTs. Under this category CIL NSE 0.63 % logged a growth of 21% compared to 41 MTs of the same period last year and a two-fold increase over 24.4 MTs of comparable period 2019.