Business News
Home > Business News
Weak demand from power sector pushes up CIL's e-auction of coal
TIWN
TIWN

PHOTO : TIWN
New Delhi, Oct 27 (TIWN) With weak demand from the power sector in the wake of Covid-19 disruptions, the country's largest coal producer Coal India Ltd shifted its attention to the non-power sector to see around six-fold increase in the sales of the dry fuel.
Lockdown in various parts of the country and continuing sluggish economic conditions dried up demand for the dry fuel pushing CIL to explore new avenues for growth. The government had earlier asked state-run power companies such as NTPC to reduce coal imports needed for blending purpose and look more at the domestic sources.
Add your Comment
Comments (0)
More Business News
- Mexico’s 50% Tariff Rise to hit $1 Billion India Car Exports
- Indian Railways Deploys AI Enabled Intrusion Detection System to Prevent Elephant Collisions in 141 RKms on NF Railway
- Gautam Adani meets Andhra Pradesh CM Chandrababu Naidu in Amaravati
- Indian Rupee Plummets to Record Low Past 90 per US Dollar
- Trump Administration Removes Tariffs on Over 200 Food Items Including Beef


