<p>State-owned Coal India allocated 16.95 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in the April-November period of this fiscal, down 22.6 per cent over the year-ago period.</p>.<p>Coal India (CIL) had allocated 21.91 million tonnes (MT) of coal in the April-November period of 2018-19, according to the latest monthly summary by the coal ministry for the Cabinet.</p>.<p>However, the coal allocation by the PSU under the scheme increased to 4.05 MT in November, 2019, over 1.53 MT in November 2018, it said.</p>.<p>The special forward e-auction scheme is aimed at making an earmarked quantity of coal available for supply through e-auction to all power producers.</p>.<p>All power producers, other than captive power plants already commissioned, are eligible to apply for the special forward e-auction.</p>.<p>CIL had earlier said that it intends to tentatively offer 10 per cent of its targeted production of 660 MT in 2019-20 through e-auction and out of which 50 per cent of the quantity (33 MT) is planned through special forward e-auction.</p>.<p>Coal India accounts for over 80 per cent of domestic coal output.</p>.<p>The state-owned firm had earlier said that it will produce 750 million tonnes of coal in the next financial year.</p>.<p>The firm will further produce 1 billion tonnes of coal by FY2024, Coal Minister Pralhad Joshi had earlier said.</p>
<p>State-owned Coal India allocated 16.95 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in the April-November period of this fiscal, down 22.6 per cent over the year-ago period.</p>.<p>Coal India (CIL) had allocated 21.91 million tonnes (MT) of coal in the April-November period of 2018-19, according to the latest monthly summary by the coal ministry for the Cabinet.</p>.<p>However, the coal allocation by the PSU under the scheme increased to 4.05 MT in November, 2019, over 1.53 MT in November 2018, it said.</p>.<p>The special forward e-auction scheme is aimed at making an earmarked quantity of coal available for supply through e-auction to all power producers.</p>.<p>All power producers, other than captive power plants already commissioned, are eligible to apply for the special forward e-auction.</p>.<p>CIL had earlier said that it intends to tentatively offer 10 per cent of its targeted production of 660 MT in 2019-20 through e-auction and out of which 50 per cent of the quantity (33 MT) is planned through special forward e-auction.</p>.<p>Coal India accounts for over 80 per cent of domestic coal output.</p>.<p>The state-owned firm had earlier said that it will produce 750 million tonnes of coal in the next financial year.</p>.<p>The firm will further produce 1 billion tonnes of coal by FY2024, Coal Minister Pralhad Joshi had earlier said.</p>