Web Exclusive | January 2017
CIL goes big on digital, to sell 10percent output via e-auctions
Coal India Ltd (CIL) is planning to sell 10 per cent of its annual output in the next three years via e-auction, for which it is inviting bids from service providers. State-owned MSTC Ltd and mjunction Ltd—jointly owned by Tata Steel and the Steel Authority of India Ltd (SAIL) — are the two existing service providers. CIL has been conducting its e-auctions through the two service providers since the process started in 2005.