Mjunction Services’ coal e-distribution implementation in Bihar to benefit MSMEs

The Mjunction Services Limited on Wednesday said that it will implement e-distribution of coal in Bihar. The designated state-nominated agency, […]

   

The Mjunction Services Limited on Wednesday said that it will implement e-distribution of coal in Bihar.The designated state-nominated agency, Bihar State Mining Corporation (BSMC), has appointed the Mjunction, for implementation of coal e-distribution in the state.The company said that it has already implemented similar projects in West Bengal and Maharashtra.“This will enable MSME consumers to buy coal from BSMC in a fair and convenient manner without middlemen or agents,” Mjunction said in a statement.Distribution of coal to MSMEs in Bihar will be reinstated after nearly seven years and Coal India’s allocated quantity of coal to the state for this purpose is 3.85 lakh tonnes per annum, mjunction said.“Digitisation of coal distribution will benefit MSMEs significantly, making the process transparent and efficient.“The e-platform will make it easy for the state nominated agencies to manage coal distribution and help eliminate dependency on handling agents,” Mjunction CEO Vinaya Varma said.

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