NLCIL, erstwhile Neyvelli Lignite Corporation, has offered 11,00,000 tonne of coal from its Talabira -2 &3 open cast mines in Odisha on Mjunctions’s e-market place as a measure to make some coal available to consumers at a time when Coal India ( CIL) has suspended e-auctions for traders and non-power consumers.
NLCIL had offered coal between a gross calorific value of 3,101 and 3,400 at a reserve price of Rs 2,492.93 per tonne. Although neither NLCIL nor Mjunction wanted to disclose the amount lifted off the offered quantity or the premium fetched from the auction, a ministry official said only NLCIL has supported with supplies at the hour of crisis.
