Tag: Coal Allocation Under E-Auction

Coal India Ltd (CIL) has reported a subdued sales in coal e-auctions in its latest quarterly results, as meager coal availability had adversely affected its earning from the spot market. CIL’s coal volume in e-auction was down 33% Y-o-Y to 9.84 MnT in Q3 FY20 (Sep-Dec’19) as against 14.65 MnT in Q3 FY19. Allotted quantity…