Coal India Ltd.

Coal India has received an approval for revision of ‘add on’ over notified price of North Eastern Coalfields (NEC) coal G-1 to G-5 grades prices with effect from September 27, 2018. Due to this revision, the company will earn an approximately additional revenue of Rs 107 crore annually and Rs 82 crore for the balance period of financial year 2018-19. Due to this increase in ‘add on’ of NEC price, the overall impact on the power sector will be negligible. The Board of Directors of the company at their meeting held on September 25, 2018 has approved the same.

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.