Downloaded from: justpaste.it/3qis2
Coal India to launch its own e-auction platform, asks
bidders to register
E-auction sales account for around 120 million tonnes annually for
Coal India, while the rest is sold through fuel supply agreements
and other special sales windows
Coal India Ltd is set to launch its own e-auction platform, and the mining major has informed
new and existing bidders to register on the portal, a top company official said.
At present, the e-auction portal is managed by mjunction and state-owned MSTC Ltd.
E-auction sales account for around 120 million tonnes annually for Coal India, while the rest is
sold through fuel supply agreements and other special sales windows.
The miner's dedicated e-auction portal has been developed by National Informatics Centre
and supported by CIL subsidiary Central Mine Planning & Design Institute Ltd.