Spices Board of India to hold a special cardamom e-auction to mark India’s 75th independence year

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Spices Board of India is organising a mammoth cardamom special e-auction in a single day on Sunday, September 26, as part of the 75 weeks long programme named ‘Azadi Ka Amrit Mahotsav’ to commemorate the 75th year independence celebrations. The e-auction will bring together the spice community enabling the spice growers to connect with the […]

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Coal India’s e-auction allocation up 29% during April-July this year

State-owned Coal India  said its e-auction allocation stood at 35.5 million tonnes (MT) during April-July 2021 under five auction categories, registering a sharp 28.6 per cent increase over the same period a year ago. Its e-auction allocation was 27.6 MT in the corresponding four months of the 2020-21 fiscal. Coal India Ltd’s (CIL) actual e-auction net […]

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India’s power ministry disagrees with coal ministry’s proposal to offer coal through e-auction to all sectors

India’s Union power ministry disagreed with the Union coal ministry’s proposal to e-auction coal from Coal India to cater to all sectors including power with the non-regulated sectors like steel, aluminium, cement amongst others. The ministry has agreed that the proposal is forward-looking and futuristic but the coal industry is not matured for the market-based […]

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CIL’s coal allocation to power sector under e-auction dropped by 28% in April 2021

State-owned CIL’s coal allocation under special forward e-auction for the power sector dropped by 27.9 per cent to 2.19 million tonnes (MT) last month. Coal India Ltd (CIL) had allocated 3.04 MT of coal in April last year, according to the latest monthly summary by the coal ministry for the Cabinet. However, the coal allocation by the PSU under the scheme had […]

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Delhi High Court stays ONGC tender, e-auction of natural gas from KG-basin till June 4

The Delhi High Court has put on hold state-run ONGC’s notice inviting tender (NIT) and the consequent e-auction with regard to sale of natural gas from its block in the Krishna-Godavari (KG) basin in Kakinada, Andhra Pradesh. Petitioners GMR Vemagiri Power Generation Ltd and GMR Rajamundhry Energy Ltd had challenged the NIT seeking a stay on any new […]

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Allocation of coal under spot e-auction rises 36% during April-February 2020-21, says CIL

State-owned Coal India Limited (CIL) allocated 37.21 million tonnes of coal during the April-February period of FY20-21 under spot e-auction scheme, registering a year-on-year increase of 36.3 per cent. Coal India Ltd (CIL) had allocated 27.30 MT of coal in the April-February period of FY 2019-20, according to Coal India’s data. In the month of February 2021 alone, […]

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CIL’s e-auction to sell all-time high of 120 million tonnes of coal this fiscal

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State-owned Coal India (CIL) may close the current fiscal, booking 120 million tonnes of coal for e-auction, the highest ever since coal sales began through the auction route. This is near double the bookings of 66 million tonnes made for e-auction last fiscal, surpassing the company’s earlier estimates of e-auction booking for the ongoing fiscal. Coal […]

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