Coal India has received an approval for introduction of Evacuation Facility Charges at Rs 50 per tonne for despatch of coal on all despatches except despatch through rapid loading arrangement. This will come into force with immediate effect. The board of directors at its meeting held on December 19, 2017 has approved for the same.
As a result, the company would be generating approximately an additional revenue of Rs 2,500 crore for the full year and approximately Rs 800 crore for the balance period of 2017-18.
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.
