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Coal India’s arm offers substantial quantity of coal to power gencos

04 Sep 2020 Evaluate

Western Coalfields (WCL), a subsidiary of Coal India has offered substantial additional quantity of coal to different power gencos of central, west & south India at a cheaper landed price. This will not only help Gencos to minimise their cost to reduce power tariff but will also be a factor to cut down the import of thermal coal in the interest of the nation.

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 433.50
NMDC 84.80
Ashapura Minechem 543.15
Sandur Manganese 196.95
GMDC 580.50
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