Coal India's fuel allocation under the exclusive e-auction scheme for non-power consumers like steel and cement jumped five-fold to 6.10 million tonnes (MT) in the last two months.
The state-owned company had allocated 1.20 MT of coal to non-power consumers under the scheme in April-May 2019, as per latest government data.
This growth comes amid Coal India Ltd (CIL) looking to tap the non-power sector for consumption of its coal in the wake of a slump in demand for the dry fuel.
Under the scheme, CIL allocated 2.19 MT of coal last month, against no fuel allocated by the PSU in May 2019,