E-auction of coal slated for May 17

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SHILLONG, May 13: Meghalaya government, on Thursday, issued another notice for online auction of 53,888 MT of extracted coal.
Unsold during the April 29 auction, the coal is now being offered for sale through spot e-auction on MSTC e-auction site, scheduled for May 17.
The auction is being held in terms of scheme for sale of extracted coal in Meghalaya through spot e-auction, jointly prepared by state government and Coal India Limited (CIL).
A total of 5725.5 MT of coal is being auctioned from four coal owners in West Khasi Hills. Coal is also being auctioned from the lots in South West Khasi Hills and East Jaintia Hills.
The department earlier had notified 11 depots in four districts — East Jaintia, West Khasi Hills, South West Khasi Hills and South Garo Hills — for conducting e-auction of extracted coal by CIL and MSTC Ltd.
Of the total coal to be auctioned, 75,000 MT is in East Jaintia Hills, 50,000 MT in South Khasi Hills, 25,000 MT in South West Khasi Hills and 50,000 MT in South Garo Hills.
Based on the Supreme Court’s July 3 ruling, a committee of the National Green Tribunal had approved, on a pilot basis, the auctioning of two lakh MT out of the 32 lakh MT of coal in the state.

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