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Coal India declares Rs 1,700 crore performance-linked reward to employees

17 Oct 2020 Evaluate

Coal India (CIL) has declared a performance-linked reward (PLR) of Rs 68,500 per employee to all its non-executive cadre workforce for 2019-20 which would have an estimated financial implication of a little over Rs 1,700 crore. This is linked to the attendance of the employees during the period.

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 389.45
NMDC 67.21
Ashapura Minechem 409.00
Sandur Manganese 162.00
GMDC 412.20
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