Zee Media Bureau
New Delhi: The coal ministry on Monday pushed state-controlled company Coal India Ltd (CIL) to cut its e-aution volume to 25 MT in FY15 from 58 MT last year.
On the other hand, the CIL Board is not in a favour of lowering e-auction quantity. The Coal India Board will be holding a meeting on August 12 to discuss the possibility of lowering e-auction quantity.
The government is asking the company to reduce selling of coal via e-auction and instead feed the coal-fired power projects that are reeling under severe fuel scarcity.
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