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Coal India to import about 2 million tonnes of coal in current financial year

15 Apr 2015 Evaluate

Coal India is planning to import about 2 million tonnes of coal, to be supplied to power producers, in the current fiscal. The company will import 1.6 million tonnes of coal for power producers in financial year 2015-16. In the just-ended fiscal, CIL imported 0.48 million tonnes of coal for power plants.

CIL had earlier asked power firms to contact its supplying companies in case they need to import coal through them for FY16.

Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.

Peers
Company Name CMP
Coal India 421.90
NMDC 80.35
Ashapura Minechem 516.00
Sandur Manganese 180.65
GMDC 543.40
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