Coal distribution through e-auction was introduced with a view to providing access to coal for such buyers who are not able to source the fuel through available institutional mechanism.
The purpose of e-auction is to provide equal opportunity to all intending buyers for purchasing coal through single window service.
CIL's coal allocation under spot e-auction scheme had declined 37.7 per cent to 34.34 MT in 2018-19.
The government had earlier asked the mining major to fast-track its ambitious one billion tonne production target and achieve the goal by 2023-24.
The miner had earlier said it would meet the target by 2025-26.
CIL is targetting an output of 660 million tonne in the ongoing fiscal.
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