The world's largest coal producer Coal India Ltd (CIL) has said that the supply of coal to the power sector has increased in the months of October, November and December, after the supply hit a low during the months of August to October.
This comes after about four
million tonne of e-auction coal for the month of October was diverted following
a sharp fall in the offtake to the power sector during the August and
September. During the financial year 2010-11, out of Rs 50,233.59 crore from net
sales, e-auction revenues was around Rs 8,810 crore.
Source: Business Standard
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