CIL allots 17 mt coal under special e-auction scheme to power sector
POWER & RENEWABLE ENERGY

CIL allots 17 mt coal under special e-auction scheme to power sector

The Coal India Ltd (CIL) allotted a 72.1% higher quantity of coal at 17.34 million tonnes to the power sector under the special forward e-auction scheme during the April-September term.

The state-owned firm had allotted 10.07 Million Tonnes (mt) of coal under the scheme in the year-ago period, as per the government data. But, no coal was allotted under the scheme for the power sector in September. Coal distribution via forward e-auction is targeted at rendering access to coal for consumers who want to have an ensured supply over a long time via e-auction mode to prepare their operations.

CIL, one of the leading coal suppliers to the power sector, values more than 80% of the domestic coal generation.

Coal India Limited (CIL) is a coal mining and refining enterprise owned by the Government of India. It is under the control of the Ministry of Coal, Government of India. It is headquartered in Kolkata, West Bengal, India.

Image Source

Also read: Coal dispatch to power plants increased by over 27 per cent

Also read: India's coal imports decline by 12% in April-August 2021

The Coal India Ltd (CIL) allotted a 72.1% higher quantity of coal at 17.34 million tonnes to the power sector under the special forward e-auction scheme during the April-September term. The state-owned firm had allotted 10.07 Million Tonnes (mt) of coal under the scheme in the year-ago period, as per the government data. But, no coal was allotted under the scheme for the power sector in September. Coal distribution via forward e-auction is targeted at rendering access to coal for consumers who want to have an ensured supply over a long time via e-auction mode to prepare their operations. CIL, one of the leading coal suppliers to the power sector, values more than 80% of the domestic coal generation. Coal India Limited (CIL) is a coal mining and refining enterprise owned by the Government of India. It is under the control of the Ministry of Coal, Government of India. It is headquartered in Kolkata, West Bengal, India.Image Source Also read: Coal dispatch to power plants increased by over 27 per cent Also read: India's coal imports decline by 12% in April-August 2021

Next Story
Real Estate

Pune Records 11% Drop in Property Registrations in Nov

Property registrations in Pune saw a decline of 11 percent year-on-year in November, totaling 13,371 units, despite robust demand, according to a report by Knight Frank India. The real estate consultancy revealed that the total registrations in November 2024 generated a revenue of Rs 475 crore for the state. This marked a fall from last year's figure of 14,988 units in the same month. Compared to October 2024, when 20,894 units were registered, November’s figures represent a 36 percent decrease. Shishir Baijal, Chairman and Managing Director of Knight Frank India, stated that Pune’s proper..

Next Story
Infrastructure Energy

Oriana Power Signs MoU with Rajasthan in Clean Energy

Oriana Power, a publicly-listed company on the NSE, announced on Monday that it has entered into a Memorandum of Understanding (MoU) with the Rajasthan government to invest Rs 10,000 crore in a series of clean energy projects. The projects will focus on solar energy, floating solar, green hydrogen, and energy storage solutions. The agreement was finalized in Jaipur during the recently concluded Rising Rajasthan Global Summit 2024. Oriana Power has identified six key locations in the state for these projects, including one in Bikaner, two in Churu, and three in Phalodi districts. Rupal Gupta, M..

Next Story
Infrastructure Energy

PM Surya Ghar Scheme Set to Surpass 10 Years of Solar Growth

The PM Surya Ghar Muft Bijli Yojana has achieved a remarkable milestone, surpassing 6.85 lakh solar installations within a year and poised to exceed a decade's worth of solar growth. The scheme, launched in February 2024, has already achieved 86 percent of the solar installations made in the last ten years. The 3-5 kW segment accounted for the majority of installations, at 77 percent, while 14 percent of installations were in the 5kW+ category. Gujarat led the charge with 2,86,545 installations, followed by Maharashtra with 1,26,344, Uttar Pradesh with 53,423, and Kerala. The scheme, which now..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000