Skip to main content

MoneyWorks4Me

Coal India liquidates 35 MT of coal from its pithead stock in first half of FY20

27 Nov 2019 Evaluate

Coal India (CIL) has liquidated 35 million tonnes (MT) of coal from its pithead stock in the first half of the current fiscal 2019-20. The pithead coal stock with CIL was 54.15 MT as on April 1, 2019 which reduced to 19.15 MT as on September 30, 2019. Thus, the coal stock liquidation was 35 MT in the first half of the financial year 2019-20.

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 384.70
NMDC 67.01
Ashapura Minechem 418.70
Sandur Manganese 163.85
GMDC 424.50
View more..