Coal India’s supply under e-auction grew 31% in Apr-Dec

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Biznextindia : Coal India’s actual coal despatch under the five e-auction windows grew by 31 percent to 77.4 million tonnes (MTs) during April-December period as compared to 59 MTs in the corresponding Period Year ago.

Special forward e-auction, the exclusive window meant for 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 logged a growth of 21 percent as compared to 41 MTs of same period last year and a two-fold increase over 24.4 MTs of comparable period 2019.

The volume increase in supplies under e-auction was achieved even though CIL pumped an all-time high of almost 391 MTs of coal to thermal power plants during Aprii-December’21 clocking 23.3 percent growth.

The increase in absolute terms is 74 MTs’ In comparison despatch to power sector was 317 MTs for same period last year.

CIL’s total off-take scaled up to 482 MTs during the first nine months of the fiscal in progress registering a year-on-year growth of 18 percent. The increase in absolute terms was72 MTs compared to 410 MTs in April’December’20.

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