4.00 (0.95%) Coal India’s dry fuel supply to the non-power sector has expanded by 4.4 per cent till January of the current fiscal in contrast to a decline of 6.8 per cent to the power sector for the same period. The muted demand from power plants and sufficient stock of coal had resulted in lower demand. To combat the slowdown in sale, the company is channelising more coal to the non-power sector.
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.