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Coal India to increase price of non-coking coal of WCL by 10%

17 Dec 2013 Evaluate

Coal India has received an approval for an additional 10% increase on the notified price for subsidiaries other than Western Coalfields (WCL) applicable with effect from May 28, 2013 on the existing notified price of non-coking coal of WCL of G-6 to G-17 bands with effect from December 17, 2013. Due to this increase, WCL will earn approximately additional revenue of Rs 139.84 crore for the balance period of financial year 2013-14.

Coal India, one of India's biggest companies by revenue, has monopoly rights over exploitation of coal reserves. Accounting for more than 80% of domestic production, the company has been facing heavy criticism for not being able to meet demand, forcing those who need the fuel to seek recourse to costly imports.

Coal India Share Price

438.70 5.80 (1.34%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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