Skip to main content

MoneyWorks4Me

Coal India planning to put 25-30 MT of coal on auction in Q4: Report

11 Jan 2019 Evaluate

Coal India is reportedly planning to put another 25-30 million tonnes (MT) of coal to auction in the ongoing January-March quarter (Q4). The company has been able to secure 54 MT of coal via e-auction till December as against 79 MT in the corresponding period of the last fiscal year, registering fall of 31.65%.

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 393.50
NMDC 67.66
Ashapura Minechem 427.65
Sandur Manganese 168.00
GMDC 438.85
View more..