4.15 (0.99%) Coal India is planning to import about 2 million tonnes of coal, to be supplied to power producers, in the current fiscal. The company will import 1.6 million tonnes of coal for power producers in financial year 2015-16. In the just-ended fiscal, CIL imported 0.48 million tonnes of coal for power plants.
CIL had earlier asked power firms to contact its supplying companies in case they need to import coal through them for FY16.
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.