Coal India (CIL) has gained over Rs 3,125 crore from supply of improved quality coal over committed grades and supply beyond annual contracted quantity (ACQ). An amount of around Rs 1,365 crore provisioned under coal quality variance in the earlier years has been withdrawn, in the last fiscal, which is the net gain to the company on whole. The PSU's coal supplies, above agreed ACQ to its customers, having fuel supply agreement (FSA), also netted the company a substantial amount of over Rs 1,760 crore under performance incentive during the previous two fiscals combined.
Coal India is the world’s largest coal mining company. It also produces noncoking coal and coking coal of various grades for diverse applications.
Company Name | CMP |
---|---|
Coal India | 448.60 |
NMDC | 264.95 |
GMDC | 409.25 |
Sandur Manganese | 506.65 |
MOIL | 439.85 |
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