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Coal India aims at substituting 80-85 MT of imported dry fuel in FY21

17 Dec 2020 Evaluate

Coal India is aiming at substituting imported dry fuel of 80-85 million tonne (MT) with more domestic supplies in the current fiscal. The country had imported 248 million tonne of coal in 2019-20, resulting in an outflow of around Rs 1 lakh crore of foreign exchange.

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 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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