Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

CIL's Coal Allocation Under Spot e-Auction Drops 36 Percent in April-September

The coal allocated by the PSU under the scheme in September also dropped to 1.97 MT, compared to 2.58 MT in the corresponding month of 2018-19, it said.

PTI

Updated:November 12, 2019, 3:28 PM IST
facebookTwitter Pocket whatsapp
CIL's Coal Allocation Under Spot e-Auction Drops 36 Percent in April-September
Image for representation.

New Delhi: CIL's coal allocation under spot e-auction scheme declined 36.4 per cent to 11.25 million tonne in April-September period of the ongoing fiscal.

Coal India (CIL) had allocated 17.69 million tonne (MT) of coal in the year-ago period, according to government data.

The coal allocated by the PSU under the scheme in September also dropped to 1.97 MT, compared to 2.58 MT in the corresponding month of 2018-19, it said.

Coal distribution through e-auction was introduced with a view to providing access to coal for such buyers who are not able to source the dry fuel through the available institutional mechanism, as per the information available on CIL website.

The purpose of e-auction is to provide equal opportunity to all intending buyers for purchasing coal through single window service.

Coal India accounts for over 80 per cent of domestic coal output.

CIL's coal allocation under spot e-auction scheme had declined 37.7 per cent to 34.34 MT in 2018-19.

The government had earlier asked the mining major to fast-track its ambitious one billion tonne production target and look to achieve the goal by 2023-24.

The miner had earlier said it would meet the target by 2025-26.

CIL is targetting an output of 660 million tonne in the ongoing fiscal.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
Yes Bank 56.00 -9.82
SBI 320.00 -4.82
ICICI Bank 524.80 -0.62
Indiabulls Hsg 272.45 -4.44
Reliance 1,554.90 0.26
Company Price Change %Gain
Yes Bank 56.00 -9.82
Indiabulls Hsg 272.40 -4.39
SBI 319.80 -4.89
Reliance 1,554.95 0.30
RBL Bank 338.80 -7.28
Top Gainers
Company Price Change %Gain
Bharti Infratel 259.70 5.55
Kotak Mahindra 1,674.30 1.52
JSW Steel 254.10 1.05
Tata Steel 403.25 0.86
Dr Reddys Labs 2,890.80 0.67
Company Price Change %Gain
Kotak Mahindra 1,674.30 1.48
Tata Steel 402.95 0.83
Reliance 1,554.95 0.30
Asian Paints 1,717.35 0.15
Infosys 715.15 0.07
Top Losers
Company Price Change %Gain
Yes Bank 56.00 -9.82
SBI 320.00 -4.82
Zee Entertain 287.70 -4.12
GAIL 117.15 -3.34
IndusInd Bank 1,465.85 -2.91
Company Price Change %Gain
Yes Bank 56.00 -9.82
SBI 319.80 -4.89
IndusInd Bank 1,463.75 -3.05
Tata Motors 161.50 -2.77
M&M 510.30 -2.73

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results