E-commerce firm mjunction today said it has been appointed by Bihar State Mining Corporation (BSMC) to implement coal e-distribution in the state.
"BSMC, the designated state-nominated agency (SNA) for Bihar, has appointed mjunction, Indias largest B2B ecommerce company, for implementation of coal e-distribution in the state, which will enable MSME consumers to buy coal from BSMC in a fair and convenient manner without middlemen or agents," mjunction said in a statement.
mjunction is a joint venture between Tata Steel and SAIL.
Distribution of coal to MSMEs in Bihar will be reinstated after nearly seven years, and Coal Indias allocated quantity of the dry fuel to the state for this purpose is 3.85 lakh tonnes per annum.
"Digitisation of coal distribution will benefit MSMEs significantly, making the process transparent and efficient. The e-platform will make it easy for the SNAs to manage coal distribution and help eliminate dependency on handling agents," mjunction CEO Vinaya Varma said in a statement.
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