 "Coal India to offer 79 million tonnes coal for e-auction")
Coal India would tentatively offer over 79 million tonnes of coal for e-auction for power producers and also for non-power sector consumers in the August to March period of the current fiscal, the state-run mining company announced.
The coal company notified tentative schedule for "information and advance planning by the prospective consumers".
Of the total coal to be offered, over 63 million tonnes will be offered for special forward e-auction for power producers and 16 million tonnes will be earmarked for exclusive e-auction for non-power consumers.
The notice said over 33 million tonnes of coal to be auctioned for power producers under special forward e-auction will be made available through road transport and over 29 million tonnes will be sent by rail.
A total of 7,683 rakes will be used to transport coal.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app