Coal India’s fuel allocation via spot e-auction surges 43% in FY21

10 May 2021 CW Team

According to government data, Coal India (CIL), which accounts for more than 80% of India’s coal output, has allocated 29.83 million tonne (mt) of dry fuel in 2019-20.

CIL issued 42.51 mt of coal in 2020-21 under the scheme of spot e-auction, registering a year-on-year increase of 42.5%. According to the CIL’s website, coal distribution through e-auction was introduced with the aim of providing access to coal for buyers who are unable to source the dry fuel through the available institutional mechanism. Under the scheme, the fuel allocation by CIL increased to 5.30 mt in March, from over 2.532 mt in the corresponding month of 2019-20.

CIL, which accounts for more than 80% of domestic coal output, plans 100 crore tonne of production by 2023-24. The primary purpose of e-auction is to provide equal opportunity to all intending coal buyers for purchasing coal through the single window service.

The state-owned firm will fund more than Rs 1.22 lakh crore in projects that are related to coal evacuation, clean coal technologies and exploration by 2023-24 to achieve the target.

CIL has planned to invest Rs 32,696 crore on coal evacuation, Rs 29,461 crore in project development and 25,117 crore on mine infrastructure, out of the proposed spend of over Rs 1.22 lakh crore by 2023-24.

The state-owned company would also invest Rs 32,199 crore in clean coal technologies and diversification, Rs 1,893 crore on exploration works and Rs 1,495 crore on social infrastructure.

Image Source

Also read: Domestic coal production in February fell 6.1%

Also read: CIL approves most capacity addition in a year

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..