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Coal India maintains supplies amid default by some generating companies

07 Apr 2020 Evaluate
Coal India has maintained supplies due to COVID-19 pandemic and the nationwide lockdown, despite default by some generating companies. The company has also extended the time limit for payment of coal, booked by its customers, by two more weeks till April 21 from April 7 announced earlier.

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 422.40
NMDC 80.65
Ashapura Minechem 518.05
Sandur Manganese 181.50
GMDC 544.05
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